Sandoz Inc.

Princeton, NJ ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
979ParticipantsFirst year on file
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#54 of 76Manufacturing in NJBy participants

Overview

Sandoz Inc. sponsors a self-funded health plan that covered 979 participants in plan year 2025. 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
979
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sandoz Inc. Health & Welfare Plan, plan 502 (979 participants)
Broker compensation
$5K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyCritical Illness, Dental, Life, Short-term disability, Long-term disability, Hospital Indemnity, Accident1,653$2.6M$24
Vision Service PlanVision584$180K—
MetLife Legal PlansLegal212$37K$5K

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 979 participants × $2,371 national average per member. Usually higher once dependents are counted.

$60K–$149K/ year

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

Brands with a generic available$18K–$44K
Lower-cost therapeutic alternatives$26K–$54K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
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
Sandoz Inc.
Sponsor EIN
38-1658363
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-1658363 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sandoz Inc. Investment Savings Plan
Type
401(k) plan
Participants
1,777

About this data

Source: Sandoz 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 Sandoz Inc..

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