Ulta Salon, Cosmetics & Fragrances, Inc.

Bolingbrook, IL RetailNAICS 446120

Self-funded health planPlan year 2024Renews September
21,601ParticipantsFirst year on file
$51.2MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#1 of 19Retail in ILBy participants

Overview

Ulta Salon, Cosmetics & Fragrances, Inc. sponsors a self-funded health plan that covered 21,601 participants in plan year 2024. The plan year starts in September. 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
21,601
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Ulta Salon, Cosmetics & Fragrances, Inc. Welfare Benefit Plan, plan 501 (21,601 participants)
Broker compensation
$2.9M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability21,601$16.5M$717K
Metropolitan Life Insurance CompanyDental, Vision, Life, Short-term disability6,248$7.1M$2.1M
Vision Service PlanVision12,089$1.6M—

Pharmacy benefit estimate

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

$51.2M/ year

Estimated prescription spend: 21,601 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.3M–$3.3M/ year

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

Brands with a generic available$389K–$973K
Lower-cost therapeutic alternatives$568K–$1.2M
Generic pricing vs. actual cost$246K–$738K
PBM contract terms$128K–$384K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Ulta Salon, Cosmetics & Fragrances, Inc.
Sponsor EIN
36-3685240
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-3685240 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ulta Salon Cosmetics & Fragrance 401(k) Retirement Plan
Type
401(k) plan
Participants
70,205

About this data

Source: Ulta Salon, Cosmetics & Fragrances, 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 Ulta Salon, Cosmetics & Fragrances, Inc..

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