Rite Aid Corporation

Harrisburg, PA RetailNAICS 446110

Self-funded health planPlan year 2025Renews JulyCollectively bargained
10,408Participants-43% vs. prior year
$24.7MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#7 of 33Retail in PABy participants

Overview

Rite Aid Corporation sponsors a self-funded health plan that covered 10,408 participants in plan year 2025, down 43% from the prior year. 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
10,408 · prior year 18,239
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Rite Aid Corporation Master Welfare Benefit Plan, plan 501 (10,408 participants)
Broker compensation
$119K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Long-term disability67$803K$45K
Vision Service PlanVision216$123K—
Continental American Insurance CompanyShort-term disability1,750$112K$58K

Pharmacy benefit estimate

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

$24.7M/ year

Estimated prescription spend: 10,408 participants × $2,371 national average per member. Usually higher once dependents are counted.

$642K–$1.6M/ year

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

Brands with a generic available$188K–$469K
Lower-cost therapeutic alternatives$274K–$573K
Generic pricing vs. actual cost$118K–$355K
PBM contract terms$62K–$185K
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 2025
Plan sponsor
Rite Aid Corporation
Sponsor EIN
23-1614034
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1614034 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Rite Aid 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 Rite Aid Corporation.

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