Deckers Outdoor Corporation

Goleta, CA ManufacturingNAICS 316210

Self-funded health planPlan year 2024Renews April
2,111ParticipantsFirst year on file
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#21 of 61Manufacturing in CABy participants

Overview

Deckers Outdoor Corporation sponsors a self-funded health plan that covered 2,111 participants in plan year 2024. The plan year starts in April. 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
2,111
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Deckers Outdoor Corporation Medical Benefit Plan, plan 501 (2,111 participants)
Stop-loss carrier
Anthem Blue Cross Life and Health Insurance Company
Broker compensation
$915K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO611$5.2M$196K
Anthem Blue Cross Life and Health Insurance CompanyStop-loss3,056$3.4M$515K
Anthem Life Insurance CompanyLife2,354$804K$57K
Reliance Standard Life Insurance CompanyShort-term disability, Long-term disability2,061$670K$101K
Kaiser Foundation Health Plan of ColoradoMedical, Prescription drug, HMO65$449K$17K
Vision Service PlanVision2,050$195K$4K
Unum Life Insurance Company of AmericaGroup Long Term Care177$81K$16K
MetLife Legal PlansLegal261$28K$3K
Metropolitan General Insurance CompanyLegal264$26K$5K
Curalinc LLC DBA Curalinc HealthcareEmployee Assistance Program1,329$22K—
Ace American Insurance CompanyAccidental Death and Dismemberment, Busi2,111$15K$3K

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,111 participants × $2,371 national average per member. Usually higher once dependents are counted.

$130K–$321K/ year

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

Brands with a generic available$38K–$95K
Lower-cost therapeutic alternatives$56K–$116K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$13K–$38K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Deckers Outdoor Corporation
Sponsor EIN
95-3015862
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-3015862 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Deckers Outdoor Corporation 401(k) Plan
Type
401(k) plan
Participants
2,785

About this data

Source: Deckers Outdoor Corporation's Form 5500 filing for plan year 2024 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 Deckers Outdoor Corporation.

Request a correction · Methodology