Christian and Missionary Alliance Foundation Inc.

Fort Myers, FL Health careNAICS 623000

Self-funded health planPlan year 2024Renews July
674ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#70 of 89Health care in FLBy participants

Overview

Christian and Missionary Alliance Foundation Inc. sponsors a self-funded health plan that covered 674 participants in plan year 2024. The plan year starts in July. 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
674
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Shell Point Retirement Community Employee Welfare Benefit Plan, plan 510 (674 participants)
Stop-loss carrier
Tokio Marine
Broker compensation
$137K 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
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability884$906K$111K
Tokio MarineStop-loss628$469K—
HCC Life Insurance CompanyMedical625$452K$26K
First Stop HealthEmployee Assistance Program1,025$72K—

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 674 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$102K/ year

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

Brands with a generic available$12K–$30K
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 July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Christian and Missionary Alliance Foundation Inc.
Sponsor EIN
59-1166437
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-1166437 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Shell Point Thrift Plan
Type
Defined contribution plan
Participants
1,539

About this data

Source: Christian and Missionary Alliance Foundation 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 Christian and Missionary Alliance Foundation Inc..

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