Sumitomo Electric U.S.a. Holdings, Inc.
Overview
Sumitomo Electric U.S.a. Holdings, Inc. sponsors a self-funded health plan that covered 3,850 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
- 3,850 · prior year 3,837
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Sumitomo Electric Group Health and Welfare Plan, plan 502 (3,850 participants)
- Broker compensation
- $164K 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 | Life, Long-term disability, Short-term disability | 2,325 | $726K | $95K |
| Fidelity Security Life Insurance Company | Vision | 3,055 | $234K | $12K |
| Metropolitan Life Insurance Company | Critical Illness, Accident | 931 | $200K | $46K |
| Anthem Health Plans of Kentucky, Inc. | Employee Assistance Program | 3,500 | $100K | — |
| Vision Service Plan | Vision | 740 | $99K | $5K |
| Sun Life and Health Insurance Company (US) | Life, Short-term disability, Long-term disability | 41 | $40K | $2K |
| Federal Insurance Company | Business Travel Accident | 3,584 | $12K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,850 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
- Sumitomo Electric U.S.a. Holdings, Inc.
- Sponsor EIN
- 56-1646307
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-1646307 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Sumitomo Electric Group 401(k) Plan
- Type
- Defined contribution plan
- Participants
- 2,484
About this data
Source: Sumitomo Electric U.S.a. Holdings, 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 Sumitomo Electric U.S.a. Holdings, Inc..