Knight Transportation, Inc.

Phoenix, AZ Transportation & logisticsNAICS 484120

Self-funded health planPlan year 2025Renews January
3,693Participants-6% vs. prior year
$8.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 4Transportation & logistics in AZBy participants

Overview

Knight Transportation, Inc. sponsors a self-funded health plan that covered 3,693 participants in plan year 2025, down 6% 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
3,693 · prior year 3,928
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Knight Transportation, Inc. Cafeteria Plan, plan 501 (3,693 participants); Knight Transportation, Inc. Voluntary Employee Injury Benefit Plan, plan 502 (533 participants)
Broker compensation
$865K 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
Combined Insurance Company of AmericaAccident, Critical Illness, Hospital Ind4,320$1.9M$491K
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability3,219$1.8M$357K
Delta Dental of ArizonaDental3,926$1.3M—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision3,121$183K$17K

Pharmacy benefit estimate

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

$8.8M/ year

Estimated prescription spend: 3,693 participants × $2,371 national average per member. Usually higher once dependents are counted.

$228K–$561K/ year

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

Brands with a generic available$67K–$166K
Lower-cost therapeutic alternatives$97K–$203K
Generic pricing vs. actual cost$42K–$126K
PBM contract terms$22K–$66K
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
Knight Transportation, Inc.
Sponsor EIN
86-0649974
Plan numbers
501, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-0649974 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Knight Transportation, 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 Knight Transportation, Inc..

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