First Coast Security Solutions

Jacksonville, FL Business servicesNAICS 561600

Self-funded health planPlan year 2025Renews January
840Participants+32% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 18Business services in FLBy participants

Overview

First Coast Security Solutions sponsors a self-funded health plan that covered 840 participants in plan year 2025, up 32% 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
840 · prior year 639
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
First Coast Security Services Health and Wellness Plan, plan 502 (840 participants)
Stop-loss carrier
Pan-American Life Insurance Company
Broker compensation
$272K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Pan-American Life Insurance CompanyStop-loss558$649K$83K
United Concordia Insurance CompanyDental974$267K$54K
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability388$244K$36K
Continental American Insurance CompanyVoluntary Worksite716$229K$80K
Eyemed Vision CareVision907$62K$15K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 840 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$128K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
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
First Coast Security Solutions
Sponsor EIN
59-3647971
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-3647971 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
First Coast Security Services Inc. 401(k) Plan
Type
401(k) plan
Participants
4,562

About this data

Source: First Coast Security Solutions'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 First Coast Security Solutions.

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