Macy's Inc.

Springdale, OH RetailNAICS 452200

Self-funded health planPlan year 2025Renews February
4,387Participants0% vs. prior year
$10.4MEst. pharmacy spend / yrParticipants × national avg.
Feb 2027Next renewalPlan year begins February 1
#6 of 31Retail in OHBy participants

Overview

Macy's Inc. sponsors a self-funded health plan that covered 4,387 participants in plan year 2025, about the same as the prior year. The plan year starts in February. Alongside medical, its benefits filing reports dental, vision, short-term disability, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
4,387 · prior year 4,387
Plan year
Begins February 1 · next renewal February 2027
Health plans filed
Macy's Inc. Injury Benefit Plan for Texas Employees, plan 505 (4,387 participants); Macy's, Inc. Retiree Health Reimbursement Arrangement Plan, plan 980 (262 participants)
MedicalDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Pharmacy benefit estimate

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

$10.4M/ year

Estimated prescription spend: 4,387 participants × $2,371 national average per member. Usually higher once dependents are counted.

$270K–$667K/ year

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

Brands with a generic available$79K–$198K
Lower-cost therapeutic alternatives$115K–$241K
Generic pricing vs. actual cost$50K–$150K
PBM contract terms$26K–$78K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning February 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
Macy's Inc.
Sponsor EIN
13-3324058
Plan numbers
505, 980
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3324058 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Macys Inc. 401(k) Retirement Investment Plan
Type
401(k) plan
Participants
163,125

About this data

Source: Macy's 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 Macy's Inc..

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