WR Berkley Corporation

Greenwich, CT Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
6,314Participants+2% vs. prior year
$15.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 3Holding companies in CTBy participants

Overview

WR Berkley Corporation sponsors a self-funded health plan that covered 6,314 participants in plan year 2025, up 2% 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
6,314 · prior year 6,166
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
W.r. Berkley Corporation's Employee and Dependent Group Health and Welfare Insurance Plan, plan 510 (6,314 participants)
Broker compensation
$498K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability, Accidental Death and Dismemberment8,921$7.8M$498K
Delta Dental of NJ, Inc.Dental11,608$5.0M—
Vision Service PlanVision5,069$585K—
Federal Insurance CompanyGroup Accidental Death and Dismemberment6,166——

Pharmacy benefit estimate

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

$15.0M/ year

Estimated prescription spend: 6,314 participants × $2,371 national average per member. Usually higher once dependents are counted.

$389K–$960K/ year

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

Brands with a generic available$114K–$284K
Lower-cost therapeutic alternatives$166K–$347K
Generic pricing vs. actual cost$72K–$216K
PBM contract terms$37K–$112K
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
WR Berkley Corporation
Sponsor EIN
22-1867895
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-1867895 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
W.r. Berkley Corporation Profit Sharing Plan
Type
401(k) plan
Participants
9,388

About this data

Source: WR Berkley 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 WR Berkley Corporation.

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