Waters Technologies Corporation

Milford, MA ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
2,951Participants+1% vs. prior year
$7.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 48Manufacturing in MABy participants

Overview

Waters Technologies Corporation sponsors a self-funded health plan that covered 2,951 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
2,951 · prior year 2,927
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Waters Technologies Corporation Health Care Plan, plan 503 (2,951 participants); The Waters Health Care Reimbursement Plan for Retirees, plan 502 (1,258 participants)
Broker compensation
$268K 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 disability2,883$2.4M$151K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision4,511$409K$108K
Workplace Options, LLCEmployee Assistance Program2,951$97K—
CompeapEmployee Assistance Program2,959$86K—
ChubbBusiness Travel Accident2,951$24K$4K
AetnaEmployee Assistance Program2,951——

Pharmacy benefit estimate

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

$7.0M/ year

Estimated prescription spend: 2,951 participants × $2,371 national average per member. Usually higher once dependents are counted.

$182K–$448K/ year

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

Brands with a generic available$53K–$133K
Lower-cost therapeutic alternatives$78K–$162K
Generic pricing vs. actual cost$34K–$101K
PBM contract terms$17K–$52K
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
Waters Technologies Corporation
Sponsor EIN
04-3234558
Plan numbers
503, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-3234558 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Waters Employee Investment Plan
Type
401(k) plan
Participants
4,390

About this data

Source: Waters Technologies Corporation'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 Waters Technologies Corporation.

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