Huntington Ingalls Industries, Inc.

Newport News, VA ManufacturingNAICS 336610

Self-funded health planPlan year 2025Renews January
36,964Participants0% vs. prior year
$87.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 33Manufacturing in VABy participants

Overview

Huntington Ingalls Industries, Inc. sponsors a self-funded health plan that covered 36,964 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
36,964 · prior year 36,976
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Huntington Ingalls Industries Health Plan, plan 501 (36,964 participants)
Stop-loss carrier
Anthem Blue Cross Life and Health Insurance Company; Anthem Health Plans of Virginia DBA Anthem Bcbs
Broker compensation
$5.5M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Vision Service PlanVision24,991$9.2M$343K
Prudential Insurance Company of AmericaShort-term disability, Long-term disability13,136$8.5M$265K
Anthem Blue Cross Life and Health Insurance CompanyEmployee Assistance Program, Stop-loss38,645$7.9M—
Securian Life Insurance CompanyLife, Accidental Death and Dismemberment, Accident Insurance, Critical Illness, Hospital Indemnity Insurance42,384$7.3M$4.6M
Anthem Health Plans of Virginia DBA Anthem BcbsStop-loss7,387$4.9M—
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO209$2.2M—
Cigna Health and Life Insurance CompanyMedical, Dental422$1.9M$141K
MetLife Legal PlansLegal9,342$1.4M$117K
Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc.Medical, Prescription drug, HMO107$772K—
Delta Dental of VirginiaDental244$248K$17K
Unum Life Insurance Company of AmericaShort-term disability, Long-term disability91$241K$21K
National Union Fire Insurance Company of Pittsburgh, PAAccidental Death and Dismemberment35,774$78K$12K

Pharmacy benefit estimate

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

$87.6M/ year

Estimated prescription spend: 36,964 participants × $2,371 national average per member. Usually higher once dependents are counted.

$2.3M–$5.6M/ year

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

Brands with a generic available$666K–$1.7M
Lower-cost therapeutic alternatives$973K–$2.0M
Generic pricing vs. actual cost$421K–$1.3M
PBM contract terms$219K–$657K
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
Huntington Ingalls Industries, Inc.
Sponsor EIN
90-0607005
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 90-0607005 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Huntington Ingalls Industries Savings Plan
Type
401(k) plan
Participants
48,469

About this data

Source: Huntington Ingalls Industries, 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 Huntington Ingalls Industries, Inc..

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