Types of Plans, Plan Numbers, and Plan Years

In addition to the University’s Employer Identification Number, you need to know the following:

  • The plans described on this site are characterized by the federal government as either Defined Contribution Plans or Welfare Plans by the federal government.
  • Boston University has assigned plan numbers to all of the plans.
  • The financial records of all plans are kept on a plan year basis.

The type of plan, plan number, and plan year for each plan are found in the following table:

Name of Plan Type of Plan Plan Number Plan Year
Boston University Retirement Plan Defined Contribution 002 January 1 – December 31
Supplemental Retirement & Savings Plan Defined Contribution 005 January 1 – December 31
Boston University Health Plan Welfare (self-insured by Boston University) 502 January 1 – December 31
Boston University Dental Health Plan Welfare (self-insured by Boston University) 703 January 1 – December 31
Long-Term Disability Plan Welfare (self-insured by Boston University) 507 February 1 – January 31
Basic Life Insurance Plan Welfare 504 January 1 – December 31
Group Supplemental Life Insurance Plan Welfare 510 January 1 – December 31
Travel Accident Insurance Plan  Welfare 505 May 1 – April 30
Personal and Family Accident Insurance Plan Welfare 506 January 1 – December 31
Supplemental Death Benefit Plan Welfare (self-insured by Boston University) 509 July 1 – June 30
Tuition Remission Welfare 701 January 1 – December 31
Flexible Benefits Program

  • Automatic Before-tax Health and Accident Insurance Contributions
  • Flexible Spending Account – Dependent Care 
  • Flexible Spending Account – Health Care
Welfare 702 January 1 – December 31

January 1 – March 15 of following year

Severance Pay Plan Welfare 704 January 1 – December 31