Wesbanco Inc.

Wheeling, WV Finance & insuranceNAICS 522110

Self-funded health planPlan year 2025Renews January
2,893Participants+39% vs. prior year
$6.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 3Finance & insurance in WVBy participants

Overview

Wesbanco Inc. sponsors a self-funded health plan that covered 2,893 participants in plan year 2025, up 39% 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
2,893 · prior year 2,087
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Wesbanco Inc. Group Health Plan, plan 501 (2,893 participants)
Broker compensation
$62K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Prudential Insurance Company of AmericaLife, Long-term disability2,893$1.7M$35K
UnitedHealthcare Insurance CompanyDental, Vision, PPO1,388$1.4M$8K
HealthadvocateEmployee Assistance Program3,754$134K—
TeladocTelehealth4,198$100K—
Continental American Insurance CompanyShort-term disability108$96K$15K
Colonial Life & Accident Insurance CompanyShort-term disability81$57K$4K

Pharmacy benefit estimate

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

$6.9M/ year

Estimated prescription spend: 2,893 participants × $2,371 national average per member. Usually higher once dependents are counted.

$178K–$440K/ year

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

Brands with a generic available$52K–$130K
Lower-cost therapeutic alternatives$76K–$159K
Generic pricing vs. actual cost$33K–$99K
PBM contract terms$17K–$51K
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
Wesbanco Inc.
Sponsor EIN
55-0571723
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 55-0571723 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wesbanco, Inc. 401(k) Plan
Type
401(k) plan
Participants
3,675

About this data

Source: Wesbanco Inc.'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 Wesbanco Inc..

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