Idexx Laboratories, Inc.

Westbrook, ME ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
6,760Participants-2% vs. prior year
$16.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Manufacturing in MEBy participants

Overview

Idexx Laboratories, Inc. sponsors a self-funded health plan that covered 6,760 participants in plan year 2025, down 2% 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
6,760 · prior year 6,920
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Idexx Laboratories, Inc. Employee Welfare Benefit Plan, plan 504 (6,760 participants)
Broker compensation
$167K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Spring HealthEmployee Assistance Program, Behavioral 10,829$2.2M—
Lincoln National Life Insurance CompanyLife, Long-term disability6,686$1.6M$82K
Vision Service PlanVision5,150$649K$32K
Unum Life Insurance Company of AmericaLife, Long-term disability6,719$545K$33K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident6,678$33K$8K

Pharmacy benefit estimate

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

$16.0M/ year

Estimated prescription spend: 6,760 participants × $2,371 national average per member. Usually higher once dependents are counted.

$417K–$1.0M/ year

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

Brands with a generic available$122K–$305K
Lower-cost therapeutic alternatives$178K–$372K
Generic pricing vs. actual cost$77K–$231K
PBM contract terms$40K–$120K
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
Idexx Laboratories, Inc.
Sponsor EIN
01-0393723
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 01-0393723 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Idexx Retirement and Incentive Savings Plan
Type
401(k) plan
Participants
8,927

About this data

Source: Idexx Laboratories, 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 Idexx Laboratories, Inc..

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