Southwest Business Corporation
Overview
Southwest Business Corporation sponsors a self-funded health plan that covered 1,833 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,833 · prior year 1,833
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Southwest Business Corporation Wrap Health and Welfare Plan, plan 501 (1,833 participants)
- Broker compensation
- $160K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Long-term disability | 2,872 | $1.3M | $108K |
| Vision Service Plan | Vision | 1,472 | $291K | — |
| Unum Life Insurance Company of America | Long Term Care | 1,403 | $223K | $44K |
| Massachusetts Mutual Life Insurance Company | Long-term disability | 40 | $84K | $5K |
| Berkley Life and Health Insurance Company | Accidental Death & Dismemberment | 2,109 | $9K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,833 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 2025
- Plan sponsor
- Southwest Business Corporation
- Sponsor EIN
- 75-1553739
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 75-1553739 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Swbc 401(k) Plan
- Type
- 401(k) plan
- Participants
- 2,725
About this data
Source: Southwest Business Corporation'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 Southwest Business Corporation.