Boscov's, Inc.

Reading, PA RetailNAICS 452200

Self-funded health planPlan year 2025Renews January
4,601Participants+15% vs. prior year
$10.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 33Retail in PABy participants

Overview

Boscov's, Inc. sponsors a self-funded health plan that covered 4,601 participants in plan year 2025, up 15% 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
4,601 · prior year 3,987
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Boscov's Health and Welfare Plan, plan 501 (4,601 participants)
Broker compensation
$39K 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
GuardianLife, Short-term disability, Long-term disability4,066$831K$35K
Delta DentalDental3,467$773K—
Vision Benefits of AmericaVision2,064$126K—
Reliancestandard Life Insurance CompanyLong-term disability100$40K$4K
Federal Insurance CompanyAccidental Death & Dismemberment192——

Pharmacy benefit estimate

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

$10.9M/ year

Estimated prescription spend: 4,601 participants × $2,371 national average per member. Usually higher once dependents are counted.

$284K–$699K/ year

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

Brands with a generic available$83K–$207K
Lower-cost therapeutic alternatives$121K–$253K
Generic pricing vs. actual cost$52K–$157K
PBM contract terms$27K–$82K
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
Boscov's, Inc.
Sponsor EIN
23-1571589
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1571589 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Boscov's 401(k) Defined Contribution Plan
Type
401(k) plan
Participants
7,505

About this data

Source: Boscov's, 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 Boscov's, Inc..

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