Itron, Inc.

Liberty Lake, WA ManufacturingNAICS 334200

Self-funded health planPlan year 2025Renews January
2,435Participants+5% vs. prior year
$5.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 33Manufacturing in WABy participants

Overview

Itron, Inc. sponsors a self-funded health plan that covered 2,435 participants in plan year 2025, up 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
2,435 · prior year 2,322
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Itron, Inc. Health and Welfare Plan, plan 501 (2,435 participants)
Stop-loss carrier
QBE Insurance
Broker compensation
$262K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability2,500$3.0M$51K
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO195$2.5M—
QBE InsuranceStop-loss2,310$2.0M$121K
Metropolitan Life Insurance CompanyMedical1,529$518K$48K
Vision Service PlanVision2,341$355K—
Ace American Insurance CompanyAD&D2,272$127K$23K
MetLife Legal Plans, Inc.Legal484$89K$13K

Pharmacy benefit estimate

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

$5.8M/ year

Estimated prescription spend: 2,435 participants × $2,371 national average per member. Usually higher once dependents are counted.

$150K–$370K/ year

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

Brands with a generic available$44K–$110K
Lower-cost therapeutic alternatives$64K–$134K
Generic pricing vs. actual cost$28K–$83K
PBM contract terms$14K–$43K
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
Itron, Inc.
Sponsor EIN
91-1011792
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-1011792 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Itron, Inc. Incentive Savings Plan
Type
Defined contribution plan
Participants
3,622

About this data

Source: Itron, 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 Itron, Inc..

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