Central Processing Corporation

Astatula, FL Professional servicesNAICS 541600

Self-funded health planPlan year 2025Renews January
1,721Participants+15% vs. prior year
$4.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#12 of 53Professional services in FLBy participants

Overview

Central Processing Corporation sponsors a self-funded health plan that covered 1,721 participants in plan year 2025, up 15% from the prior year. The plan year starts in January. 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
1,721 · prior year 1,497
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Central Processing Corporation Group Benefit Plan, plan 501 (1,721 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$469K 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 disability1,835$2.2M$424K
Reliastar Life Insurance CompanyStop-loss2,484$1.7M$44K

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,721 participants × $2,371 national average per member. Usually higher once dependents are counted.

$106K–$262K/ year

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

Brands with a generic available$31K–$78K
Lower-cost therapeutic alternatives$45K–$95K
Generic pricing vs. actual cost$20K–$59K
PBM contract terms$10K–$31K
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 2025
Plan sponsor
Central Processing Corporation
Sponsor EIN
59-3626633
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-3626633 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Central Processing Corp. Retirement Plan
Type
401(k) plan
Participants
1,835

About this data

Source: Central Processing Corporation's Form 5500 filing for plan year 2025 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 Processing Corporation.

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