Hershey Entertainment & Resorts Co.

Hershey, PA HospitalityNAICS 721110

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
2,217Participants-11% vs. prior year
$5.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 4Hospitality in PABy participants

Overview

Hershey Entertainment & Resorts Co. sponsors a self-funded health plan that covered 2,217 participants in plan year 2025, down 11% 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
2,217 · prior year 2,492
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hershey Entertainment & Resorts Company Health and Welfare Benefits Plan, plan 501 (2,217 participants)
Stop-loss carrier
HM Life Insurance Company
Broker compensation
$38K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
HM Life Insurance CompanyStop-loss1,554$1.5M—
Prudential Insurance Company of AmericaLife, Long-term disability2,052$777K$18K
Metropolitan Life Insurance CompanyCritical Illness, Accident, Hospital Indemnity476$122K$20K
Highmark Inc.Medical, Prescription drug2,325$118K—
Hartford Fire Insurance CompanyBusiness Travel Accident1,828$4K$1K

Pharmacy benefit estimate

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

$5.3M/ year

Estimated prescription spend: 2,217 participants × $2,371 national average per member. Usually higher once dependents are counted.

$137K–$337K/ year

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

Brands with a generic available$40K–$100K
Lower-cost therapeutic alternatives$58K–$122K
Generic pricing vs. actual cost$25K–$76K
PBM contract terms$13K–$39K
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
Hershey Entertainment & Resorts Co.
Sponsor EIN
23-0691815
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-0691815 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hershey Entertainment & Resorts Company Savings Plan for Hourly Employees
Type
401(k) plan
Participants
4,884

About this data

Source: Hershey Entertainment & Resorts Co.'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 Hershey Entertainment & Resorts Co..

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