HC Salon Holdings, Inc.

Mclean, VA Other servicesNAICS 812112

Self-funded health planPlan year 2025Renews June
5,961Participants+2% vs. prior year
$14.1MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#1 of 8Other services in VABy participants

Overview

HC Salon Holdings, Inc. sponsors a self-funded health plan that covered 5,961 participants in plan year 2025, about the same as the prior year. The plan year starts in June. 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
5,961 · prior year 5,858
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Hair Cuttery Family of Brands Employee Benefit Plan, plan 501 (5,961 participants)
Broker compensation
$353K 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
Sun Life Assurance Company of CanadaDental, Vision1,207$829K$76K
NationwideLife, Short-term disability655$672K$54K
Provident Life and Accident Insurance CompanyLife, Short-term disability1,388$471K$19K
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability548$353K$63K
The Lincoln National Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity689$176K$129K
American Financial Security Life Insurance CompanyPrescription drug238$76K$4K
Ameritas Life Insurance CorporationDental, Vision175$75K$7K
Crum & ForesterAccident655$14K$1K
Unum Life Insurance Company of AmericaAccident, Critical Illness, Hospital Ind39$10K$405

Pharmacy benefit estimate

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

$14.1M/ year

Estimated prescription spend: 5,961 participants × $2,371 national average per member. Usually higher once dependents are counted.

$367K–$906K/ year

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

Brands with a generic available$107K–$269K
Lower-cost therapeutic alternatives$157K–$328K
Generic pricing vs. actual cost$68K–$204K
PBM contract terms$35K–$106K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
HC Salon Holdings, Inc.
Sponsor EIN
85-0647945
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-0647945 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
HC Salon Holdings 401(k) Plan
Type
401(k) plan
Participants
6,541

About this data

Source: HC Salon Holdings, 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 HC Salon Holdings, Inc..

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