Amalie Oil Company

Tampa, FL Wholesale tradeNAICS 424700

Self-funded health planPlan year 2024Renews April
681ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#17 of 23Wholesale trade in FLBy participants

Overview

Amalie Oil Company sponsors a self-funded health plan that covered 681 participants in plan year 2024. The plan year starts in April. 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
681
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Amalie Oil Company DBA Aocusa Welfare Benefit Plan, plan 504 (681 participants)
Broker compensation
$92K 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
Life Insurance Company of North AmericaLife, Accidental Death and Dismemberment, Short-term disability, Long-term disability672$273K$59K
UnitedHealthcare Insurance CompanyDental833$221K$12K
American Heritage Life Insurance CompanyHospital Indemnity, Life, Accident, Critical Illness229$143K$19K
Vision Service PlanVision509$48K$2K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 681 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$103K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Amalie Oil Company
Sponsor EIN
59-0810351
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-0810351 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Amalie Oil Company Profit Sharing 401(k) Plan
Type
401(k) plan
Participants
677

About this data

Source: Amalie Oil Company'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 Amalie Oil Company.

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