Fanjul Corporation

West Palm Beach, FL ManufacturingNAICS 311300

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
2,149Participants+3% vs. prior year
$5.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 48Manufacturing in FLBy participants

Overview

Fanjul Corporation sponsors a self-funded health plan that covered 2,149 participants in plan year 2025, up 3% 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
2,149 · prior year 2,095
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Fanjul Corp. Health and Welfare Plan, plan 501 (2,149 participants)
Broker compensation
$195K 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
Principal Life Insurance CompanyLife, Short-term disability, Long-term disability2,540$1.7M$172K
Eyemed Vision Care on Behalf of Fidelity Security Life Ins. Co.Vision1,575$97K$11K
Federal Insurance CompanyBusiness Travel Accident2,149$71K$11K
Humana Insurance CompanyVision694$16K$2K

Pharmacy benefit estimate

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

$5.1M/ year

Estimated prescription spend: 2,149 participants × $2,371 national average per member. Usually higher once dependents are counted.

$132K–$327K/ year

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

Brands with a generic available$39K–$97K
Lower-cost therapeutic alternatives$57K–$118K
Generic pricing vs. actual cost$24K–$73K
PBM contract terms$13K–$38K
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
Fanjul Corporation
Sponsor EIN
59-2821515
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-2821515 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Fanjul 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 Fanjul Corporation.

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