Blackhawk Network, Inc.

Pleasanton, CA Finance & insuranceNAICS 522300

Self-funded health planPlan year 2025Renews January
1,542Participants+7% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 22Finance & insurance in CABy participants

Overview

Blackhawk Network, Inc. sponsors a self-funded health plan that covered 1,542 participants in plan year 2025, up 7% from 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
1,542 · prior year 1,440
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Blackhawk Network, Inc. Health and Welfare Plan, plan 501 (1,542 participants)
Broker compensation
$241K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaShort-term disability, Long-term disability, Life1,542$1.4M$187K
Unum Insurance CompanyAccident, Critical Illness, Hospital397$283K$39K
Vision Service PlanVision1,292$272K$14K
First Unum Life Insurance CompanyDisability30$7K$875

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,542 participants × $2,371 national average per member. Usually higher once dependents are counted.

$95K–$234K/ year

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

Brands with a generic available$28K–$69K
Lower-cost therapeutic alternatives$41K–$85K
Generic pricing vs. actual cost$18K–$53K
PBM contract terms$9K–$27K
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
Blackhawk Network, Inc.
Sponsor EIN
91-2198647
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-2198647 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Blackhawk Network, 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 Blackhawk Network, Inc..

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