🔍 What’s Included on Form 5500—and What BenefitFlow Adds
The Form 5500 is a public government filing required by most employers that offer benefit plans. It’s useful—but limited. Below is a breakdown of what’s available on the 5500, what’s missing, and how BenefitFlow fills in the gaps with deeper, actionable insights.What You’ll Find on Form 5500
- Employer (Plan Sponsor) Info
- Company name, EIN, address
- Plan Details
- Plan type (health, dental, life, disability, etc.)
- Plan year / renewal dates
- Participant Counts
- Total participants (active + inactive)
- Some Service Providers
- Brokers, carriers, TPAs (if disclosed)
- Carrier Premiums & Broker Commissions
- Occasionally available through Schedule A filings
BenefitFlow pulls and consolidates this data at the employer level for easier filtering and searchability.
❌ What Form 5500 Doesn’t Include
- Voluntary benefits (pet, legal, EAP, wellness, etc.)
- Vendor names (unless filed—often they’re not)
- Broker contact details or producer roles
- Broker office-level assignments
- Employee satisfaction or feedback on benefit offerings
- Smaller employers (<100 lives)— aren’t required to file
- Real-time data—filings are on an annual basis
- Funding Classifications (Self Funded vs. Fully-Insured)
🚀 What BenefitFlow Adds On Top
BenefitFlow is built to go beyond the 5500 using a combination of AI, proprietary tech, and verified data sources. Here’s what you’ll get:🔹 Employer Intelligence (Beyond 5500)
- Unified employer profiles across all benefit plans
- Voluntary & wellness vendor usage (even if not filed)
- Renewal date tracking
- Self-funded vs. fully insured status
🔹 Broker & Producer Insights
- Full client lists by brokerage office location
- Verified producer & account manager contacts
- Licensing + carrier appointment details
- Proprietary broker-office mapping (more accurate than Schedule A)
🔹 Real-Time Employee Sentiment
- Employee feedback on benefits (health, wellness, etc.)
- Signals of dissatisfaction, vendor changes, or unmet needs
- Filter by benefit type, vendor, or sentiment score