International Paper Company

Memphis, TN ManufacturingNAICS 322100

Self-funded health planPlan year 2025Renews January
22,803Participants-1% vs. prior year
$54.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 54Manufacturing in TNBy participants

Overview

International Paper Company sponsors a self-funded health plan that covered 22,803 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, short-term disability, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
22,803 · prior year 23,033
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
International Paper Company Salaried Retiree Medical Savings Program Employee Account, plan 688 (22,803 participants); International Paper Company Salaried Retiree Medical Savings Program Employer Account Plan, plan 689 (22,408 participants); The International Paper Company Group Retiree H&w Plan, plan 753 (1,500 participants); UCC Retiree Health Care Spending Account, plan 792 (1,036 participants)
Broker compensation
$211K across insured contracts
MedicalLife insuranceDentalShort-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
Metropolitan Life Insurance CompanyLife24,524$16.3M—

Pharmacy benefit estimate

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

$54.1M/ year

Estimated prescription spend: 22,803 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.4M–$3.5M/ year

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

Brands with a generic available$411K–$1.0M
Lower-cost therapeutic alternatives$600K–$1.3M
Generic pricing vs. actual cost$260K–$779K
PBM contract terms$135K–$405K
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
International Paper Company
Sponsor EIN
13-0872805
Plan numbers
688, 689, 753, 792
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-0872805 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement Plan of International Paper Company
Type
Pension plan
Participants
84,174

About this data

Source: International Paper Company'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 International Paper Company.

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