Veolia Utility Resources LLC

Paramus, NJ UtilitiesNAICS 221300

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
965Participants+6% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 5Utilities in NJBy participants

Overview

Veolia Utility Resources LLC sponsors a self-funded health plan that covered 965 participants in plan year 2025, up 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, long-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
965 · prior year 911
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Veolia Water Resources Retiree Only Health and Welfare Benefit Program, plan 503 (965 participants)
MedicalLife insuranceLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaLife2,543——
Lincoln Life Assurance Company of BostonLong-term disability1,865——
Lincoln National Life Insurance CompanyLeave Services2,031——

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 965 participants × $2,371 national average per member. Usually higher once dependents are counted.

$59K–$147K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$53K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
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
Veolia Utility Resources LLC
Sponsor EIN
71-0005226
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0005226 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Veolia Water Resources 401(k) Savings Plan
Type
401(k) plan
Participants
2,504

About this data

Source: Veolia Utility Resources LLC'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 Veolia Utility Resources LLC.

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