Academy, Ltd

Katy, TX RetailNAICS 451110

Self-funded health planPlan year 2025Renews January
10,384Participants0% vs. prior year
$24.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 64Retail in TXBy participants

Overview

Academy, Ltd sponsors a self-funded health plan that covered 10,384 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
10,384 · prior year 10,391
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Academy, Ltd Welfare Benefit Plan, plan 506 (10,384 participants)
Broker compensation
$230K 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
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability9,808$4.0M$230K
Vision Service PlanVision5,866$624K—
Hartford Life and AccidentBusiness Travel Accident10,384——

Pharmacy benefit estimate

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

$24.6M/ year

Estimated prescription spend: 10,384 participants × $2,371 national average per member. Usually higher once dependents are counted.

$640K–$1.6M/ year

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

Brands with a generic available$187K–$468K
Lower-cost therapeutic alternatives$273K–$571K
Generic pricing vs. actual cost$118K–$355K
PBM contract terms$62K–$185K
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
Academy, Ltd
Sponsor EIN
74-1670067
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 74-1670067 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Academy, Ltd. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
25,581

About this data

Source: Academy, Ltd'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 Academy, Ltd.

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