City Furniture

Tamarac, FL RetailNAICS 442110

Self-funded health planPlan year 2024Renews November
2,418ParticipantsFirst year on file
$5.7MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#8 of 34Retail in FLBy participants

Overview

City Furniture sponsors a self-funded health plan that covered 2,418 participants in plan year 2024. The plan year starts in November. 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
2,418
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
City Furniture, Inc. Group Life, Disability Income, Dental and Medical Plan, plan 501 (2,418 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada
Broker compensation
$310K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability2,286$1.2M—
Sun Life Assurance Company of CanadaStop-loss1,172$877K$53K
Unitedhealth CareDental2,178$795K—
UnitedHealthcare Insurance CompanyAccident, Critial Illness, Hospital Inde495$435K$223K
UnitedHealthcareVision1,078$93K$9K
Corporate Health & WellnessTele-Medicine1,193$90K—
Hartford Life and AccidentAccident, Critical Illness, Hospital Ind607$36K$24K

Pharmacy benefit estimate

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

$5.7M/ year

Estimated prescription spend: 2,418 participants × $2,371 national average per member. Usually higher once dependents are counted.

$149K–$367K/ year

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

Brands with a generic available$44K–$109K
Lower-cost therapeutic alternatives$64K–$133K
Generic pricing vs. actual cost$28K–$83K
PBM contract terms$14K–$43K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
City Furniture
Sponsor EIN
59-1621198
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-1621198 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: City Furniture'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 City Furniture.

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