Cirrus Logic, Inc.

Austin, TX ManufacturingNAICS 334410

Self-funded health planPlan year 2025Renews January
1,099Participants+0% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#75 of 149Manufacturing in TXBy participants

Overview

Cirrus Logic, Inc. sponsors a self-funded health plan that covered 1,099 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,099 · prior year 1,095
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cirrus Logic, Inc. Comprehensive Welfare Benefits Plan, plan 501 (1,099 participants)
Broker compensation
$77K 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
Reliastar Life Insurance CompanyLife, Long-term disability4,831$1.2M$75K
Cigna Health and Life Insurance Company and AffiliatesEmployee Assistance Program, Vision2,779$153K—
National Union Fire Insurance Company of Pittsburgh, PABusiness Travel Accident1,063$7K$2K

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,099 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$167K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$60K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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
Cirrus Logic, Inc.
Sponsor EIN
77-0024818
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 77-0024818 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cirrus Logic, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,727

About this data

Source: Cirrus Logic, 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 Cirrus Logic, Inc..

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