Pacificorp

Portland, OR UtilitiesNAICS 221100

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
5,689Participants+0% vs. prior year
$13.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 3Utilities in ORBy participants

Overview

Pacificorp sponsors a self-funded health plan that covered 5,689 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, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
5,689 · prior year 5,686
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pacificorp Welfare Benefits Plan No. 534, plan 534 (5,689 participants)
Broker compensation
$32K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Accidental Death & Dismemberment, Business Travel Accident, Long-term disability6,243$17.6M$32K
Kaiser Foundation Health Plan of the NorthwestHMO, Medical, Prescription drug329$6.0M—
Vision Service PlanVision3,237$576K—
ComPsych CorporationEmployee Assistance Program3,468$47K—

Pharmacy benefit estimate

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

$13.5M/ year

Estimated prescription spend: 5,689 participants × $2,371 national average per member. Usually higher once dependents are counted.

$351K–$865K/ year

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

Brands with a generic available$103K–$256K
Lower-cost therapeutic alternatives$150K–$313K
Generic pricing vs. actual cost$65K–$194K
PBM contract terms$34K–$101K
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
Pacificorp
Sponsor EIN
93-0246090
Plan number
534
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 93-0246090 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pacificorp K Plus Employee Savings Plan
Type
401(k) plan
Participants
7,288

About this data

Source: Pacificorp'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 Pacificorp.

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