The Jackson Laboratory

Bar Harbor, ME Health careNAICS 621510

Self-funded health planPlan year 2025Renews January
2,780Participants-1% vs. prior year
$6.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 9Health care in MEBy participants

Overview

The Jackson Laboratory sponsors a self-funded health plan that covered 2,780 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
2,780 · prior year 2,811
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
The Jackson Laboratory Welfare Benefits, plan 507 (2,780 participants)
Broker compensation
$18K 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
Lincoln National Life Insurance CompanyLife, Long-term disability2,523$1.2M$18K

Pharmacy benefit estimate

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

$6.6M/ year

Estimated prescription spend: 2,780 participants × $2,371 national average per member. Usually higher once dependents are counted.

$171K–$423K/ year

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

Brands with a generic available$50K–$125K
Lower-cost therapeutic alternatives$73K–$153K
Generic pricing vs. actual cost$32K–$95K
PBM contract terms$16K–$49K
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
The Jackson Laboratory
Sponsor EIN
01-0211513
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 01-0211513 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
JAX 403(b) Retirement Plan
Type
Defined contribution plan
Participants
3,990

About this data

Source: The Jackson Laboratory'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 The Jackson Laboratory.

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