Springbrook NY, Inc.

Oneonta, NY Health careNAICS 624100

Self-funded health planPlan year 2025Renews January
1,581Participants+7% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 137Health care in NYBy participants

Overview

Springbrook NY, Inc. sponsors a self-funded health plan that covered 1,581 participants in plan year 2025, up 7% from 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
1,581 · prior year 1,472
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Springbrook NY, Inc. Welfare Benefits Plan, plan 520 (1,581 participants); Springbrook NY, Inc. Section 125, plan 505 (272 participants)
Broker compensation
$27K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Excellus Blue Cross Blue ShieldDental488$264K$11K
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability1,581$215K—
First Unum Life Insurance CompanyLife227$50K$12K
The Guardian Life Insurance Company of AmericaVision476$34K$3K

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,581 participants × $2,371 national average per member. Usually higher once dependents are counted.

$97K–$240K/ year

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

Brands with a generic available$28K–$71K
Lower-cost therapeutic alternatives$42K–$87K
Generic pricing vs. actual cost$18K–$54K
PBM contract terms$9K–$28K
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
Springbrook NY, Inc.
Sponsor EIN
15-0539129
Plan numbers
520, 505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 15-0539129 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Springbrook and Affiliates 401(k)
Type
401(k) plan
Participants
2,053

About this data

Source: Springbrook NY, 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 Springbrook NY, Inc..

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