Hallmark Cards, Inc.

Kansas City, MO Wholesale tradeNAICS 424100

Self-funded health planPlan year 2025Renews January
5,060Participants-12% vs. prior year
$12.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 11Wholesale trade in MOBy participants

Overview

Hallmark Cards, Inc. sponsors a self-funded health plan that covered 5,060 participants in plan year 2025, down 13% 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
5,060 · prior year 5,785
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Health and Welfare Benefit Plan, plan 514 (5,060 participants); Retiree Medical Plan, plan 520 (82 participants)
Stop-loss carrier
HCC Life Insurance Company; HCC Life Insurance Company
Broker compensation
$90K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife5,737$3.1M$36K
HCC Life Insurance CompanyStop-loss3,566$734K$37K
Surency Life and HealthVision1,736$679K—
Cigna Health and Life Insurance CompanyVision, Medical, Dental1,317$393K—
United Behavioral Health DBA OptumEmployee Assistance Program14,005$217K—
Prudential Insurance Company of AmericaBusiness Travel Accident, AD&D7,044$152K$12K
New York Life Group Insurance Company of NYShort-term disability570$51K$487
Life Insurance Company of North AmericaLong-term disability, Short-term disability90$24K$296

Pharmacy benefit estimate

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

$12.0M/ year

Estimated prescription spend: 5,060 participants × $2,371 national average per member. Usually higher once dependents are counted.

$312K–$769K/ year

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

Brands with a generic available$91K–$228K
Lower-cost therapeutic alternatives$133K–$278K
Generic pricing vs. actual cost$58K–$173K
PBM contract terms$30K–$90K
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
Hallmark Cards, Inc.
Sponsor EIN
44-0272180
Plan numbers
514, 520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 44-0272180 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Business Performance Savings Plan of Hallmark Cards, Incorporated
Type
401(k) plan
Participants
8,192

About this data

Source: Hallmark Cards, 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 Hallmark Cards, Inc..

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