Aersale, Inc.

Doral, FL Wholesale tradeNAICS 423800

Self-funded health planPlan year 2024Renews June
620ParticipantsFirst year on file
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#20 of 23Wholesale trade in FLBy participants

Overview

Aersale, Inc. sponsors a self-funded health plan that covered 620 participants in plan year 2024. The plan year starts in June. 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
620
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Aersale, Inc. Group Benefits Plan, plan 511 (620 participants)
Broker compensation
$166K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability597$621K$116K
United Concordia Insurance CompanyDental1,041$376K$14K
Continental American Insurance CompanyAccident, Critical Illness, Hospital Ind277$109K$31K
UnitedHealthcare Insurance CompanyVision981$66K$6K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 620 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$94K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Aersale, Inc.
Sponsor EIN
26-3065158
Plan number
511
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3065158 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Aersale 401(k) Plan
Type
401(k) plan
Participants
793

About this data

Source: Aersale, 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 Aersale, Inc..

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