Form 5500 · Employee benefit plan · AUGUSTA, ME
MAINE EDUCATION ASSOCIATION
The filing calls this plan MAINE EDUCATION ASSOCIATION BENEFITS TRUST.
MAINE EDUCATION ASSOCIATION of AUGUSTA, ME is a 39,345-participant finance and insurance employer — a large group whose insured benefits are disclosed on Schedule A of its Form 5500. Its broker of record is CROSS BENEFIT SOLUTIONS. Coverage is written through ANTHEM HEALTH PLANS OF MAINE, INC.. The plan's most recent policy period ended in June.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 01-0479776 · plan 501 · plan year 2025, filed Mar 18, 2026
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How this plan is funded
Fully insured as reported
The plan's own financial statement reports paying insurance carriers about what the insurance contracts report in premium.
The filing says this plan is subject to the Form M-1 requirement for multiple-employer welfare arrangements.
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.
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
Schedule A lists 2 insured contracts covering health and vision; the largest, with ANTHEM HEALTH PLANS OF MAINE, INC., covers 28,876 people.
Reported premium is $565,609,458; the filing discloses no broker commission on these contracts.
The most recent policy period ended in June, and the plan year ends June 30. Group contracts typically renew on that annual cycle.
CROSS BENEFIT SOLUTIONS is the broker of record on 1 of the 2 contracts; the rest name a different broker or none.
With 39,345 participants this is one of the larger insured groups on file in ME.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF MAINE, INC. | Health | 28,876 | Jul 1, 2025 | $563,104,417 | $0 |
| ANTHEM HEALTH PLANS OF MAINE, INC. | Vision | 28,778 | Jul 1, 2025 | $2,505,041 | $0 |
Premium and claims on this contract
ANTHEM HEALTH PLANS OF MAINE, INC., contract 8000'S. For the contract year on this filing, the carrier reported $563,104,417 in premium earned and $517,294,377 in claims incurred. Dividing one by the other gives 92%.
- ANTHEM HEALTH PLANS OF MAINE, INC., contract 8000'S reported $43,300,540 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. The service providers are named on Schedule C of this filing. We publish company names only.
Money the plan held and paid out
Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H
These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.
How this plan compares
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