Seven Hills Foundation, Inc.
Overview
Seven Hills Foundation, Inc. sponsors a self-funded health plan that covered 2,485 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,485
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Seven Hills Foundation, Inc. Employee Benefits Plan, plan 503 (2,485 participants)
- Stop-loss carrier
- Blue Cross Blue Shield of Massachusetts, Inc.
- Broker compensation
- $574K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts, Inc. | Dental, Vision, Stop-loss | 2,342 | $3.8M | $436K |
| Symetra Life Insurance Company | Life, Short-term disability, Long-term disability | 1,898 | $495K | $139K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,485 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Seven Hills Foundation, Inc.
- Sponsor EIN
- 04-3293659
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-3293659 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Seven Hills Foundation Retirement Plan
- Type
- Defined contribution plan
- Participants
- 1,544
About this data
Source: Seven Hills Foundation, Inc.'s Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Seven Hills Foundation, Inc..