Versant Power
Overview
Versant Power sponsors a self-funded health plan that covered 869 participants in plan year 2025, up 88% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 869 · prior year 462
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Versant Power Health & Welfare Plan, plan 502 (869 participants); Versant Power Benefit Plan, plan 501 (580 participants)
- Stop-loss carrier
- Anthem Health Plans of Maine, Inc.
- Broker compensation
- $12K 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 |
|---|---|---|---|---|
| Anthem Health Plans of Maine, Inc. | Stop-loss | 548 | $2.0M | — |
| Prudential Insurance Company of America | Life, Long-term disability | 580 | $518K | $11K |
| Delta Dental Plan of Maine | Dental | 1,008 | $428K | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 901 | $52K | $883 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 869 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
- Versant Power
- Sponsor EIN
- 01-0024370
- Plan numbers
- 502, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 01-0024370 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Versant Power Pension Plan
- Type
- Pension plan
- Participants
- 784
About this data
Source: Versant Power'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 Versant Power.