Woods Hole Oceanographic Institution
Overview
Woods Hole Oceanographic Institution sponsors a self-funded health plan that covered 1,987 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, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,987 · prior year 1,987
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Woods Hole Oceanographic Institution Medical Benefit Plan, plan 502 (1,987 participants)
- Stop-loss carrier
- Blue Cross Blue Shield of Massachusetts Inc.
- Broker compensation
- $324K 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts Inc. | Stop-loss | 1,533 | $2.3M | $230K |
| Reliance Standard Life Insurance Company | Voluntary Accidental Death and Dismember, Long-term disability, Life | 974 | $528K | $84K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 1,079 | $94K | $10K |
| Federal Insurance Company | AD&D | 1,335 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,987 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
- Woods Hole Oceanographic Institution
- Sponsor EIN
- 04-2105850
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-2105850 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Woods Hole Oceanographic Institution Defined Contribution Retirement Plan
- Type
- Defined contribution plan
- Participants
- 1,696
About this data
Source: Woods Hole Oceanographic Institution'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 Woods Hole Oceanographic Institution.