AB Staffing Solutions, LLC

Gilbert, AZ Business servicesNAICS 561300

Self-funded health planPlan year 2024Renews September
594ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#3 of 4Business services in AZBy participants

Overview

AB Staffing Solutions, LLC sponsors a self-funded health plan that covered 594 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
594
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
AB Staffing Employee Benefit Plan, plan 501 (594 participants)
Broker compensation
$4K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Standard Insurance CompanyLife, Long-term disability, Short-term disability307$28K$3K
Vision Service PlanVision404$18K$-2K
Cigna Health and Life Insurance CompanyDental86$2K$4K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 594 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$90K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$4K–$11K
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
AB Staffing Solutions, LLC
Sponsor EIN
48-1264068
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 48-1264068 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: AB Staffing Solutions, LLC'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 AB Staffing Solutions, LLC.

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