Shenandoah University

Winchester, VA EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
557Participants-9% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 11Education in VABy participants

Overview

Shenandoah University sponsors a self-funded health plan that covered 557 participants in plan year 2025, down 9% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
557 · prior year 614
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Shenandoah University Retirement Healthcare Savings Program, plan 505 (557 participants)
MedicalDental

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$1.3M/ year

Estimated prescription spend: 557 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$85K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Shenandoah University
Sponsor EIN
54-0525605
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-0525605 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Shenandoah University's Form 5500 filing for plan year 2025 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 Shenandoah University.

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