Society for Human Resource Management

Alexandria, VA Other servicesNAICS 813000

Self-funded health planPlan year 2025Renews January
512Participants+31% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 8Other services in VABy participants

Overview

Society for Human Resource Management sponsors a self-funded health plan that covered 512 participants in plan year 2025, up 31% from 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
512 · prior year 390
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Society for Human Resource Management Health and Welfare Benefits Plan, plan 510 (512 participants)
Broker compensation
$98K 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
National Guardian Life Insurance CompanyDental665$337K$25K
United of Omaha Life Insurance CompanyLife, Long-term disability383$316K$65K
First Stop Health, LLCTelehealth414$72K$7K
Lifeguides, PBCEmployee Assistance Program385$18K—
Bree HealthEmployee Assistance Program512$13K—
Mutual of OmahaLong Term Care512——

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 512 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$78K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
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
Society for Human Resource Management
Sponsor EIN
34-0948453
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-0948453 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Society for Human Resource Management Incentive Savings Plan
Type
401(k) plan
Participants
829

About this data

Source: Society for Human Resource Management'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 Society for Human Resource Management.

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