Abbvie Ltd.

Barceloneta, PR ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
5,393ParticipantsPrior year not comparable
$12.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Manufacturing in PRBy participants

Overview

Abbvie Ltd. sponsors a self-funded health plan that covered 5,393 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
5,393 · prior year 574
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Abbvie Puerto Rico Retiree Welfare Benefits Plan, plan 544 (5,393 participants); Abbvie Puerto Rico Welfare Benefits Plan, plan 543 (1,389 participants)
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyShort-term disability, Long-term disability2,733$1.3M—
Minnesota Life Insurance CompanyLife1,480$438K—
Vision Service PlanVision1,410$89K—

Pharmacy benefit estimate

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

$12.8M/ year

Estimated prescription spend: 5,393 participants × $2,371 national average per member. Usually higher once dependents are counted.

$332K–$820K/ year

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

Brands with a generic available$97K–$243K
Lower-cost therapeutic alternatives$142K–$297K
Generic pricing vs. actual cost$61K–$184K
PBM contract terms$32K–$96K
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 Ltd.
Sponsor EIN
98-0429860
Plan numbers
544, 543
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 98-0429860 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Abbvie Puerto Rico Pension Plan
Type
Pension plan
Participants
3,012

About this data

Source: Abbvie Ltd.'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 Ltd..

Request a correction · Methodology