Malibu Boats, LLC

Loudon, TN ManufacturingNAICS 336610

Self-funded health planPlan year 2025Renews July
2,079Participants-10% vs. prior year
$4.9MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#10 of 54Manufacturing in TNBy participants

Overview

Malibu Boats, LLC sponsors a self-funded health plan that covered 2,079 participants in plan year 2025, down 10% from the prior year. The plan year starts in July. 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
2,079 · prior year 2,307
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Malibu Boats, LLC Employee Benefits Plan, plan 501 (2,079 participants)
Broker compensation
$248K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaLife, Short-term disability, Long-term disability2,079$1.4M$248K
Benefit IntelligenceTelehealth10,007$32K—

Pharmacy benefit estimate

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

$4.9M/ year

Estimated prescription spend: 2,079 participants × $2,371 national average per member. Usually higher once dependents are counted.

$128K–$316K/ year

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

Brands with a generic available$37K–$94K
Lower-cost therapeutic alternatives$55K–$114K
Generic pricing vs. actual cost$24K–$71K
PBM contract terms$12K–$37K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Malibu Boats, LLC
Sponsor EIN
20-5114805
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-5114805 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Malibu Boats, Inc. 401(k) Plan
Type
401(k) plan
Participants
2,542

About this data

Source: Malibu Boats, LLC'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 Malibu Boats, LLC.

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