Ajax Paving Industries of Florida

North Venice, FL ConstructionNAICS 237310

Self-funded health planPlan year 2024Renews January
537ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#28 of 31Construction in FLBy participants

Overview

Ajax Paving Industries of Florida sponsors a self-funded health plan that covered 537 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
537
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ajax Paving Industries of Florida, LLC, plan 501 (537 participants)
Broker compensation
$125K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLong-term disability, Life, Critical Illness, Accident537$505K$99K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 537 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$82K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$10K
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 2024
Plan sponsor
Ajax Paving Industries of Florida
Sponsor EIN
26-1871966
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-1871966 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ajax Paving Industries of Florida, LLC 401(k) Plan
Type
401(k) plan
Participants
573

About this data

Source: Ajax Paving Industries of Florida'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 Ajax Paving Industries of Florida.

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