California Institute of the Arts

Valencia, CA EducationNAICS 611000

Self-funded health planPlan year 2025Renews March
552Participants+1% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#12 of 12Education in CABy participants

Overview

California Institute of the Arts sponsors a self-funded health plan that covered 552 participants in plan year 2025, about the same as the prior year. The plan year starts in March. 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
552 · prior year 545
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
California Institute of the Arts SPY, plan 501 (552 participants)
Broker compensation
$6K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of CaliforniaDental470$25K$3K
The Guardian Life Insurance Company of AmericaVision, Life, Long-term disability549$17K$3K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 552 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
California Institute of the Arts
Sponsor EIN
95-6102146
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-6102146 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
California Institute of the Arts Retirement Plan
Type
Defined contribution plan
Participants
1,124

About this data

Source: California Institute of the Arts'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 California Institute of the Arts.

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