Wolfspeed, Inc.
Overview
Wolfspeed, Inc. sponsors a self-funded health plan that covered 4,910 participants in plan year 2025, up 9% 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
- 4,910 · prior year 4,526
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Wolfspeed, Inc. Health and Welfare Benefits Plan, plan 501 (4,910 participants)
- Broker compensation
- $94K 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 | 2,741 | $2.3M | $39K |
| Provident Life and Accident Insurance Company | Disability | 174 | $199K | $49K |
| Provident Life and Casualty Insurance Company | Disability | 40 | $17K | $5K |
| National Union Fire Ins. Co. of Pittsburgh, PA | Accidental Death & Dismemberment | 4,151 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,910 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
- Wolfspeed, Inc.
- Sponsor EIN
- 56-1572719
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-1572719 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Wolfspeed, Inc. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 5,792
About this data
Source: Wolfspeed, 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 Wolfspeed, Inc..