Varsity Brands Holding Co., Inc.

Farmers Branch, TX ManufacturingNAICS 315210

Self-funded health planPlan year 2025Renews January
5,363Participants-22% vs. prior year
$12.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 149Manufacturing in TXBy participants

Overview

Varsity Brands Holding Co., Inc. sponsors a self-funded health plan that covered 5,363 participants in plan year 2025, down 22% 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
5,363 · prior year 6,865
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Varsity Brands Holding Co., Inc. Health and Welfare Plan, plan 501 (5,363 participants)
Stop-loss carrier
HM Life Insurance Company
Broker compensation
$430K 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
HM Life Insurance CompanyStop-loss3,701$2.6M$51K
Metropolitan Life Insurance CompanyMedical, Life, Short-term disability, Long-term disability6,901$2.4M$375K
Fidelity Security Life Insurance CompanyVision5,887$521K—
MetLife Legal PlansLegal150$22K$4K

Pharmacy benefit estimate

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

$12.7M/ year

Estimated prescription spend: 5,363 participants × $2,371 national average per member. Usually higher once dependents are counted.

$331K–$815K/ year

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

Brands with a generic available$97K–$242K
Lower-cost therapeutic alternatives$141K–$295K
Generic pricing vs. actual cost$61K–$183K
PBM contract terms$32K–$95K
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
Varsity Brands Holding Co., Inc.
Sponsor EIN
93-3697163
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 93-3697163 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Varsity Brands Holding Co., Inc.'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 Varsity Brands Holding Co., Inc..

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