Abbvie Inc.

North Chicago, IL ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
3,865Participants-2% vs. prior year
$9.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#29 of 122Manufacturing in ILBy participants

Overview

Abbvie Inc. sponsors a self-funded health plan that covered 3,865 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,865 · prior year 3,931
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Abbvie Retiree Welfare Benefits Plan, plan 506 (3,865 participants)
Broker compensation
$935 across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Minnesota Life Insurance CompanyLife29,011$20.7M—
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO772$12.4M—
Vision Service PlanVision26,070$4.1M—
Cigna Health and Life Insurance CompanyMedical, Dental263$3.4M—
MetLife Legal PlansLegal8,591$1.3M—
Delaware American Life Insurance Company of AmericaLong-term disability263$122K—
Zurich American Insurance CompanyBusiness Travel Accident, Medical Benefits Abroad29,475$31K$935

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$9.2M/ year

Estimated prescription spend: 3,865 participants × $2,371 national average per member. Usually higher once dependents are counted.

$238K–$587K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$70K–$174K
Lower-cost therapeutic alternatives$102K–$213K
Generic pricing vs. actual cost$44K–$132K
PBM contract terms$23K–$69K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Abbvie Inc.
Sponsor EIN
32-0375147
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 32-0375147 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Abbvie Savings Plan
Type
401(k) plan
Participants
40,433

About this data

Source: Abbvie Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Abbvie Inc..

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