Helzberg's Diamond Shops, LLC

North Kansas City, MO RetailNAICS 448310

Self-funded health planPlan year 2025Renews January
1,206Participants+0% vs. prior year
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 12Retail in MOBy participants

Overview

Helzberg's Diamond Shops, LLC sponsors a self-funded health plan that covered 1,206 participants in plan year 2025, about the same as 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
1,206 · prior year 1,204
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Helzberg's Diamond Shops, LLC Health and Welfare Benefit Plan, plan 501 (1,206 participants)
Broker compensation
$115K 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
Cigna Health and Life Insurance Company and AffiliatesDental767$575K$38K
Securian Life Insurance CompanyCritical Illness, Accident, Accidental Death and Dismemberment, Life, Hospital Indemnity1,395$367K$56K
Hartford Life and AccidentLong-term disability956$123K$17K
Vision Service PlanVision675$95K$5K
ComPsychEmployee Assistance Program1,810$16K—
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death & Dismemberment (BTA)1,189$2K$469

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,206 participants × $2,371 national average per member. Usually higher once dependents are counted.

$74K–$183K/ year

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

Brands with a generic available$22K–$54K
Lower-cost therapeutic alternatives$32K–$66K
Generic pricing vs. actual cost$14K–$41K
PBM contract terms$7K–$21K
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
Helzberg's Diamond Shops, LLC
Sponsor EIN
44-0553741
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 44-0553741 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Helzberg Diamonds Savings Plan
Type
401(k) plan
Participants
2,406

About this data

Source: Helzberg's Diamond Shops, LLC'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 Helzberg's Diamond Shops, LLC.

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