FST Logistics, Inc.

Dublin, OH Transportation & logisticsNAICS 484120

Self-funded health planPlan year 2024Renews July
550ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#22 of 23Transportation & logistics in OHBy participants

Overview

FST Logistics, Inc. sponsors a self-funded health plan that covered 550 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
550
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
FST Logistics, Inc. Employee Benefits Plan, plan 501 (550 participants)
Stop-loss carrier
Companion Life
Broker compensation
$34K 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
Companion LifeStop-loss388$785K—
Principal Life Insurance CompanyDental, PPO, Life, Vision, Long-term disability, Short-term disability547$619K$34K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 550 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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
FST Logistics, Inc.
Sponsor EIN
31-1584793
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-1584793 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
FST Logistics, Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
977

About this data

Source: FST Logistics, 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 FST Logistics, Inc..

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