Dick Blick Company

Galesburg, IL RetailNAICS 453210

Self-funded health planPlan year 2025Renews January
1,027Participants-2% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 19Retail in ILBy participants

Overview

Dick Blick Company sponsors a self-funded health plan that covered 1,027 participants in plan year 2025, down 2% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,027 · prior year 1,052
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Dick Blick Company Health and Welfare Plan, plan 501 (1,027 participants)
Stop-loss carrier
Bluecross Blueshield of Illinois
Broker compensation
$14K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of IllinoisMedical, PPO, Stop-loss982$1.2M$2K
Prudential Insurance Company of AmericaLife, Long-term disability994$337K$3K
UnitedHealthcare Insurance CompanyVision1,255$93K$9K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,027 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$156K/ year

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

Brands with a generic available$19K–$46K
Lower-cost therapeutic alternatives$27K–$56K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
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
Dick Blick Company
Sponsor EIN
36-4124707
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-4124707 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Dick Blick Profit Sharing Plan
Type
401(k) plan
Participants
2,516

About this data

Source: Dick Blick Company'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 Dick Blick Company.

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