Watson Clinic LLP
Overview
Watson Clinic LLP sponsors a self-funded health plan that covered 1,605 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, short-term disability, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,605 · prior year 1,575
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Watson Clinic Health Care Plan, plan 501 (1,605 participants)
- Stop-loss carrier
- Sun Life; Sun Life Assurance Company of Canada
- Broker compensation
- $387K 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 | Stop-loss | 1,491 | $2.0M | — |
| Sun Life Assurance Company of Canada | Stop-loss | 1,522 | $1.9M | $138K |
| Life Insurance Company of North America | Life, Short-term disability, Long-term disability | 2,037 | $1.6M | $250K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,605 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
- Watson Clinic LLP
- Sponsor EIN
- 59-0704934
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 59-0704934 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Watson Clinic LLP 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 3,025
About this data
Source: Watson Clinic LLP'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 Watson Clinic LLP.