Stetson University Inc.

Deland, FL EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
1,046Participants0% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 22Education in FLBy participants

Overview

Stetson University Inc. sponsors a self-funded health plan that covered 1,046 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
1,046 · prior year 1,046
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Stetson University Employee Welfare Benefit Plan, plan 510 (1,046 participants)
Broker compensation
$104K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Usable LifeAccidental Death & Dismemberment, Life, Long-term disability1,025$510K$67K
Delta Dental Insurance CompanyDental, HMO, PPO537$311K$31K
Vision Service PlanVision440$58K$6K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,046 participants × $2,371 national average per member. Usually higher once dependents are counted.

$64K–$159K/ year

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

Brands with a generic available$19K–$47K
Lower-cost therapeutic alternatives$28K–$58K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
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
Stetson University Inc.
Sponsor EIN
59-0624416
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-0624416 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Stetson University Defined Contribution Plan
Type
Defined contribution plan
Participants
2,270

About this data

Source: Stetson University 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 Stetson University Inc..

Request a correction · Methodology