Target Corporation
Overview
Target Corporation sponsors a self-funded health plan that covered 30,683 participants in plan year 2025, about the same as the prior year. The plan year starts in February. 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
- 30,683 · prior year 30,726
- Plan year
- Begins February 1 · next renewal February 2027
- Health plans filed
- Target Corporation Texas Occupational Injury Benefit Plan, plan 598 (30,683 participants)
- Broker compensation
- $1.7M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Life Insurance Company of North America | Long-term disability | 216,284 | $32.1M | $550K |
| Prudential Insurance Company of America | Life | 271,994 | $30.0M | $550K |
| Hawaii Medical Service Association | Medical, HMO | 3,021 | $15.8M | — |
| American Heritage Life Insurance Company | Accident, Critical Illness, Hospital Ind | 40,946 | $10.1M | $204K |
| Legalplans, USA | Legal | 17,850 | $2.8M | $425K |
| Usable Life | Short-term disability | 393 | $676K | $4K |
| United Healthcare Insurance Company | Prescription drug | 149 | $1K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 30,683 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Target Corporation
- Sponsor EIN
- 41-0215170
- Plan number
- 598
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 41-0215170 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Target Corporation 401(k) Plan
- Type
- 401(k) plan
- Participants
- 501,688
About this data
Source: Target 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 Target Corporation.