Stmicroelectronics, Inc.

Coppell, TX ManufacturingNAICS 334410

Self-funded health planPlan year 2025Renews January
770Participants+1% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#108 of 149Manufacturing in TXBy participants

Overview

Stmicroelectronics, Inc. sponsors a self-funded health plan that covered 770 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
770 · prior year 764
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Stmicroelectronics Inc. Employee Welfare Benefits Plan, plan 501 (770 participants)
Broker compensation
$115K 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
Metropolitan Life Insurance CompanyLife1,638$614K$111K
Reliance Standard Life Insurance CompanyShort-term disability, Long-term disability649$244K$3K
Hartford Fire Insurance CompanyBusiness Travel Accident649$5K$1K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 770 participants × $2,371 national average per member. Usually higher once dependents are counted.

$47K–$117K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$20K–$42K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$5K–$14K
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
Stmicroelectronics, Inc.
Sponsor EIN
04-2495946
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2495946 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Stmicroelectronics, Inc. Retirement Plan
Type
Pension plan
Participants
3,077

About this data

Source: Stmicroelectronics, 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 Stmicroelectronics, Inc..

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