Caleres, Inc.

Saint Louis, MO RetailNAICS 448210

Self-funded health planPlan year 2025Renews January
552Participants-4% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 12Retail in MOBy participants

Overview

Caleres, Inc. sponsors a self-funded health plan that covered 552 participants in plan year 2025, down 4% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, short-term disability, long-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
552 · prior year 572
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Caleres, Inc. Flexible Benefit Plan, plan 583 (552 participants)
Broker compensation
$140K across insured contracts
MedicalLife insuranceShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyMedical, Dental2,494$1.5M$30K
Securian Life Insurance CompanyLife4,396$624K$62K
United Healthcare Insurance CompanyVision2,105$279K—
University Health AllianceMedical, Prescription drug, Dental, Vision28$215K$10K
Zurich American Insurance CompanyAD&D4,279$2K$477
Reliance Standard Life Insurance LPLong-term disability595—$17K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 552 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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
Caleres, Inc.
Sponsor EIN
43-0197190
Plan number
583
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-0197190 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Caleres, Inc. Retirement Plan
Type
Pension plan
Participants
7,439

About this data

Source: Caleres, 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 Caleres, Inc..

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