Lush Handmade Cosmetics LLC

Phoenix, AZ RetailNAICS 446120

Self-funded health planPlan year 2024Renews July
1,225ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#8 of 14Retail in AZBy participants

Overview

Lush Handmade Cosmetics LLC sponsors a self-funded health plan that covered 1,225 participants in plan year 2024. The plan year starts in July. 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
1,225
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Lush Cosmetics LLC Employee Benefits Plan, plan 510 (1,225 participants)
Broker compensation
$18K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability781$403K$8K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital201$43K$10K
Health Advocate Solutions, Inc.Employee Assistance Program1,225$17K—

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,225 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$186K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$67K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Lush Handmade Cosmetics LLC
Sponsor EIN
98-0379579
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 98-0379579 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lush 401(k) Savings Plan
Type
401(k) plan
Participants
2,031

About this data

Source: Lush Handmade Cosmetics LLC's Form 5500 filing for plan year 2024 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 Lush Handmade Cosmetics LLC.

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