Party City Holdings Inc.

Woodcliff Lake, NJ ManufacturingNAICS 323100

Self-funded health planPlan year 2024Renews January
4,797ParticipantsFirst year on file
$11.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 76Manufacturing in NJBy participants

Overview

Party City Holdings Inc. sponsors a self-funded health plan that covered 4,797 participants in plan year 2024. 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
4,797
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Party City Holdings Inc. Health and Welfare Plan, plan 501 (4,797 participants)
Stop-loss carrier
Aetna Life Insurance Company
Broker compensation
$316K 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
Aetna Life Insurance CompanyDental, Stop-loss3,821$2.8M$29K
Standard Insurance CompanyLife, Long-term disability, Short-term disability4,722$2.0M$244K
Kaiser Foundation Health Plan Inc.Medical125$681K$23K
Kaiser Foundation Health Plans Inc.Medical, HMO80$673K$21K
UnitedHealthcare Insurance CompanyVision2,004$147K—

Pharmacy benefit estimate

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

$11.4M/ year

Estimated prescription spend: 4,797 participants × $2,371 national average per member. Usually higher once dependents are counted.

$296K–$729K/ year

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

Brands with a generic available$86K–$216K
Lower-cost therapeutic alternatives$126K–$264K
Generic pricing vs. actual cost$55K–$164K
PBM contract terms$28K–$85K
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 2024
Plan sponsor
Party City Holdings Inc.
Sponsor EIN
20-1033029
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-1033029 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Party City Holdings Inc. 401(k) Plan
Type
401(k) plan
Participants
7,961

About this data

Source: Party City Holdings Inc.'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 Party City Holdings Inc..

Request a correction · Methodology