ICU Medical, Inc.

San Clemente, CA ManufacturingNAICS 339110

Self-funded health planPlan year 2025Renews January
4,271Participants-5% vs. prior year
$10.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 61Manufacturing in CABy participants

Overview

ICU Medical, Inc. sponsors a self-funded health plan that covered 4,271 participants in plan year 2025, down 5% from 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
4,271 · prior year 4,481
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
ICU Medical, Inc. Wraparound Health & Welfare Plan, plan 501 (4,271 participants)
Broker compensation
$125K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability2,877$2.1M$125K
Vision Service PlanVision1,938$364K—

Pharmacy benefit estimate

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

$10.1M/ year

Estimated prescription spend: 4,271 participants × $2,371 national average per member. Usually higher once dependents are counted.

$263K–$649K/ year

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

Brands with a generic available$77K–$192K
Lower-cost therapeutic alternatives$112K–$235K
Generic pricing vs. actual cost$49K–$146K
PBM contract terms$25K–$76K
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
ICU Medical, Inc.
Sponsor EIN
33-0022692
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 33-0022692 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
ICU Medical, Inc. 401(k) Plan
Type
401(k) plan
Participants
5,374

About this data

Source: ICU Medical, 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 ICU Medical, Inc..

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