Farmers Group, Inc.

Woodland Hills, CA Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
23,368Participants+11% vs. prior year
$55.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 22Finance & insurance in CABy participants

Overview

Farmers Group, Inc. sponsors a self-funded health plan that covered 23,368 participants in plan year 2025, up 11% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
23,368 · prior year 21,021
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Farmers Group, Inc. Severance Plan, plan 504 (23,368 participants)
Broker compensation
$362K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesDental18,723$9.8M—
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO1,308$8.6M—
Reliastar Life Insurance CompanyLife39,363$8.1M$163K
Lincoln National Life Insurance CompanyLong-term disability16,116$4.3M$66K
Metropolitan Life Insurance CompanyMedical15,150$3.9M$127K
Aetna Life Insurance Co.Dental3,129$1.7M—
Eyemed Vision CareVision8,515$1.2M—
Zurich American Insurance CompanyBTA, AD&D20,150$984K—
Kaiser Foundation Health Plan of ColoradoMedical, Prescription drug, HMO204$887K—
Vision Service PlanVision4,618$847K—
Metropolitan General Insurance CompanyLegal3,271$795K$1K
Hawaii Medical Service AssociationMedical, Prescription drug, Dental, Vision, HMO, PPO255$744K—

Pharmacy benefit estimate

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

$55.4M/ year

Estimated prescription spend: 23,368 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.4M–$3.6M/ year

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

Brands with a generic available$421K–$1.1M
Lower-cost therapeutic alternatives$615K–$1.3M
Generic pricing vs. actual cost$266K–$798K
PBM contract terms$139K–$416K
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
Farmers Group, Inc.
Sponsor EIN
95-0725935
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-0725935 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Farmers Group, Inc. 401(k) Savings Plan
Type
401(k) plan
Participants
28,962

About this data

Source: Farmers Group, 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 Farmers Group, Inc..

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