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|
|Individual Disability Insurance Plan||Welfare||508||April 1 – March 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
||Welfare||702||January 1 – December 31 (with claims incurred until March 15 of following year)|
|Severance Pay Plan||Welfare||704||January 1 – December 31|