6h Management LLC, D/b/a New Waterloo

Austin, TX HospitalityNAICS 721110

Self-funded health planPlan year 2024Renews September
645ParticipantsFirst year on file
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#41 of 60Hospitality in TXBy participants

Overview

6h Management LLC, D/b/a New Waterloo sponsors a self-funded health plan that covered 645 participants in plan year 2024. The plan year starts in September. 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
645
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
6h Management, LLC Erisa Wrap Plan, plan 502 (645 participants)
Broker compensation
$75K 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
United of Omaha Life Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability645$375K$71K
New Benefits/teladocTelehealth877$44K$4K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 645 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$98K/ year

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

Brands with a generic available$12K–$29K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
6h Management LLC, D/b/a New Waterloo
Sponsor EIN
30-0913137
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 30-0913137 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
New Waterloo 401(k) Plan
Type
401(k) plan
Participants
735

About this data

Source: 6h Management LLC, D/b/a New Waterloo's Form 5500 filing for plan year 2024 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 6h Management LLC, D/b/a New Waterloo.

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