Allison Transmission, Inc.

Indianapolis, IN ManufacturingNAICS 336300

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
1,818Participants+2% vs. prior year
$4.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#28 of 93Manufacturing in INBy participants

Overview

Allison Transmission, Inc. sponsors a self-funded health plan that covered 1,818 participants in plan year 2025, up 2% from the prior year. 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
1,818 · prior year 1,778
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Allison Transmission Inc. Hourly Employee Benefit Plan, plan 502 (1,818 participants); Allison Transmission, Inc. Employee Benefit Plan, plan 501 (1,517 participants)
Broker compensation
$78K across insured contracts
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 CompanyLife, Long-term disability1,638$6.2M$50K
Relistar Life Insurance CompanyCritical Illness, Accident, Hospital Con256$249K$11K
Provident Life and Accident Insurance CompanyLong-term disability51$67K$15K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident1,386$11K$2K

Pharmacy benefit estimate

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

$4.3M/ year

Estimated prescription spend: 1,818 participants × $2,371 national average per member. Usually higher once dependents are counted.

$112K–$276K/ year

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

Brands with a generic available$33K–$82K
Lower-cost therapeutic alternatives$48K–$100K
Generic pricing vs. actual cost$21K–$62K
PBM contract terms$11K–$32K
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
Allison Transmission, Inc.
Sponsor EIN
26-0413897
Plan numbers
502, 501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0413897 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Allison Transmission Employee Retirement Savings Plan
Type
401(k) plan
Participants
2,261

About this data

Source: Allison Transmission, 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 Allison Transmission, Inc..

Request a correction · Methodology