Wellsky Corporation
Overview
Wellsky Corporation sponsors a self-funded health plan that covered 2,423 participants in plan year 2025, up 11% 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
- 2,423 · prior year 2,188
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Wellsky Health and Welfare Plan, plan 501 (2,423 participants)
- Broker compensation
- $226K 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Life, Long-term disability | 2,423 | $894K | $119K |
| Reliastar Life Insurance Company | Accident, Critical Illness, Hospital | 1,107 | $332K | $90K |
| Vision Service Plan | Vision | 1,724 | $315K | $7K |
| Metropolitan General Insurance Company | Legal | 585 | $95K | $11K |
| ComPsych | Employee Assistance Program | 2,264 | $30K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,423 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
- Wellsky Corporation
- Sponsor EIN
- 11-2209324
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 11-2209324 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Wellsky Corporation 401(k) Plan
- Type
- 401(k) plan
- Participants
- 3,003
About this data
Source: Wellsky Corporation'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 Wellsky Corporation.