Burberry Limited

New York, NY RetailNAICS 448110

Self-funded health planPlan year 2024Renews April
847ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#19 of 27Retail in NYBy participants

Overview

Burberry Limited sponsors a self-funded health plan that covered 847 participants in plan year 2024. The plan year starts in April. 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
847
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Burberry Limited Health & Welfare Benefit Plan, plan 501 (847 participants)
Broker compensation
$4K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of New YorkDental1,124$536K—
Hartford Life and AccidentLife, Long-term disability920$332K$4K
Eyemed Vision CareVision828$64K—

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 847 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$129K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Burberry Limited
Sponsor EIN
13-2673527
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-2673527 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Burberry Limited 401(k) Retirement Plan and Trust
Type
401(k) plan
Participants
1,904

About this data

Source: Burberry Limited'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 Burberry Limited.

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