University of St. Thomas

Saint Paul, MN EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
1,647Participants-16% vs. prior year
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 9Education in MNBy participants

Overview

University of St. Thomas sponsors a self-funded health plan that covered 1,647 participants in plan year 2025, down 17% 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
1,647 · prior year 1,973
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
University of St. Thomas Welfare Benefit Plan, plan 505 (1,647 participants)
Broker compensation
$24K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Long-term disability1,625$747K$20K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,774$120K—
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital106$15K$2K
Metropolitan General Insurance CompanyLegal1,621$3K$2K

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,647 participants × $2,371 national average per member. Usually higher once dependents are counted.

$102K–$250K/ year

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

Brands with a generic available$30K–$74K
Lower-cost therapeutic alternatives$43K–$91K
Generic pricing vs. actual cost$19K–$56K
PBM contract terms$10K–$29K
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
University of St. Thomas
Sponsor EIN
41-0693970
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-0693970 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
University of St. Thomas Retirement Plan
Type
Defined contribution plan
Participants
4,072

About this data

Source: University of St. Thomas'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 University of St. Thomas.

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