National Bank Holdings Corporation

Greenwood Village, CO Finance & insuranceNAICS 522110

Self-funded health planPlan year 2025Renews January
1,237Participants0% vs. prior year
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 8Finance & insurance in COBy participants

Overview

National Bank Holdings Corporation sponsors a self-funded health plan that covered 1,237 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
1,237 · prior year 1,237
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
National Bank Holdings Corporation Employee Benefits Plan, plan 501 (1,237 participants)
Broker compensation
$46K 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
Prudential Insurance Co. of AmericaLife, Short-term disability, Long-term disability1,236$1.1M$46K
Cigna Health and Life Insurance Company and AffiliatesDental1,000$873K—
Vision Service PlanVision921$129K—
Curalinc HealthcareEmployee Assistance Program1,267$19K—
Berkley CorporationBusiness Travel Accident1,236$5K—

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,237 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$188K/ year

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

Brands with a generic available$22K–$56K
Lower-cost therapeutic alternatives$33K–$68K
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 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
National Bank Holdings Corporation
Sponsor EIN
27-0563799
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-0563799 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
National Bank Holdings Corporation 401(k) Plan
Type
401(k) plan
Participants
1,594

About this data

Source: National Bank Holdings Corporation'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 National Bank Holdings Corporation.

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