Spectrum Health Systems, Inc.
Overview
Spectrum Health Systems, Inc. sponsors a self-funded health plan that covered 726 participants in plan year 2025, about the same as the prior year. The plan year starts in May. 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
- 726 · prior year 715
- Plan year
- Begins May 1 · next renewal May 2027
- Health plans filed
- Spectrum Health Systems, Inc. Health and Welfare Plan, plan 501 (726 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada
- Broker compensation
- $33K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Stop-loss | 494 | $1.3M | — |
| Altus Dental Insurance Company, Inc. | Dental | 896 | $320K | $9K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance | Vision | 776 | $48K | $9K |
| KGA Employee Assistance Program | Employee Assistance Program | 1,054 | $38K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 726 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
- Spectrum Health Systems, Inc.
- Sponsor EIN
- 04-2478978
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-2478978 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- 401(k) Profit Sharing Plan for Employees of Spectrum Health Systems, Inc.
- Type
- Defined contribution plan
- Participants
- 1,853
About this data
Source: Spectrum Health Systems, Inc.'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 Spectrum Health Systems, Inc..