Form 5500 · Employee benefit plan · NEWTOWN SQUARE, PA
BOIRON, INC.
The filing calls this plan BOIRON, INC. MEDICAL BENEFIT PLAN.
Public Form 5500 records show how BOIRON, INC. of NEWTOWN SQUARE, PA, a corporate management employer, structures its employee benefits. Its broker of record is FLEXIBLE BENEFIT PLANS, INC.. Coverage is written through INDEPENDENCE BLUE CROSS. The plan's most recent policy period ended in June.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-2063718 · plan 502 · plan year 2024, filed Dec 22, 2025
Get an email when this employer files a new Form 5500, and again about four months before its plan renews.
How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
All 2 insured contracts are health coverage with INDEPENDENCE BLUE CROSS.
Reported premium across the insured contracts is $1,512,175, with $59,196 in disclosed broker commissions — about 3.9% of premium.
The most recent policy period ended in June, and the plan year ends June 30. Group contracts typically renew on that annual cycle.
FLEXIBLE BENEFIT PLANS, INC. is the broker of record on all 2 contracts.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| INDEPENDENCE BLUE CROSS | Health | 244 | Jul 1, 2024 | $1,423,597 | $56,098 |
| INDEPENDENCE BLUE CROSS | Health | 56 | Jul 1, 2024 | $88,578 | $3,098 |
Premium and claims on these contracts
INDEPENDENCE BLUE CROSS, contract 000008509. For the contract year on this filing, the carrier reported $1,423,597 in premium earned and $1,029,366 in claims incurred. Dividing one by the other gives 72%.
INDEPENDENCE BLUE CROSS, contract 000008509. For the contract year on this filing, the carrier reported $88,578 in premium earned and $58,239 in claims incurred. Dividing one by the other gives 66%.
- INDEPENDENCE BLUE CROSS, contract 000008509 reported $174,653 in retention.
- INDEPENDENCE BLUE CROSS, contract 000008509 reported $3,872 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
How this plan compares
Subscribers see how this compares with similar plans in Pennsylvania. A subscription also adds this plan's filing history and the renewal calendar for its state. See plans and prices
Without an account you can open 10 employer, broker and carrier pages a day, including through an AI assistant, and 50 a day with a free account. Paid plans are what keep these records free to read.
More employer plans in Pennsylvania — largest plans, brokers, carriers and renewal months.