Central Florida Investments, Inc.

Orlando, FL Real estateNAICS 531310

Self-funded health planPlan year 2024Renews June
5,302ParticipantsFirst year on file
$12.6MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#3 of 10Real estate in FLBy participants

Overview

Central Florida Investments, Inc. sponsors a self-funded health plan that covered 5,302 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
5,302
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Central Florida Investments Flexible Benefits Plan, plan 501 (5,302 participants)
Broker compensation
$378K 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
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability5,935$1.7M$241K
Delta Dental Insurance CompanyDental2,705$1.1M$60K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital845$285K$68K
Vision Service PlanVision2,060$213K$8K
Cigna Health and Life Insurance Company and AffiliatesEmployee Assistance Program343$2K—

Pharmacy benefit estimate

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

$12.6M/ year

Estimated prescription spend: 5,302 participants × $2,371 national average per member. Usually higher once dependents are counted.

$327K–$806K/ year

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

Brands with a generic available$96K–$239K
Lower-cost therapeutic alternatives$140K–$292K
Generic pricing vs. actual cost$60K–$181K
PBM contract terms$31K–$94K
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
Central Florida Investments, Inc.
Sponsor EIN
59-1454503
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-1454503 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Central Florida Investments, Inc. 401(k) Savings and Retirement Plan
Type
401(k) plan
Participants
8,418

About this data

Source: Central Florida Investments, 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 Central Florida Investments, Inc..

Request a correction · Methodology