Otsuka ICU Medical LLC

Austin, TX ManufacturingNAICS 339110

Self-funded health planPlan year 2025Renews May
1,318ParticipantsFirst year on file
$3.1MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#62 of 149Manufacturing in TXBy participants

Overview

Otsuka ICU Medical LLC sponsors a self-funded health plan that covered 1,318 participants in plan year 2025. The plan year starts in May. 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
1,318
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Otsuka ICU Medical LLC Wraparound Health & Welfare Plan, plan 501 (1,318 participants)
Broker compensation
$38K 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
Prudential Insurance Company of AmericaLife, Long-term disability1,295$589K$38K
Vision Service PlanVision948$97K—

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,318 participants × $2,371 national average per member. Usually higher once dependents are counted.

$81K–$200K/ year

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

Brands with a generic available$24K–$59K
Lower-cost therapeutic alternatives$35K–$72K
Generic pricing vs. actual cost$15K–$45K
PBM contract terms$8K–$23K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Otsuka ICU Medical LLC
Sponsor EIN
33-3040385
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 33-3040385 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Otsuka ICU Medical LLC 401(k) Plan
Type
401(k) plan
Participants
1,353

About this data

Source: Otsuka ICU Medical 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 Otsuka ICU Medical LLC.

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