Full Sail, LLC

Winter Park, FL EducationNAICS 611000

Self-funded health planPlan year 2024Renews April
2,593ParticipantsFirst year on file
$6.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#7 of 22Education in FLBy participants

Overview

Full Sail, LLC sponsors a self-funded health plan that covered 2,593 participants in plan year 2024. The plan year starts in April. 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
2,593
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Full Sail, LLC Employee Benefit Plan, plan 501 (2,593 participants)
Broker compensation
$409K 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
UnitedHealthcare Insurance CompanyDental3,125$1.2M$158K
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability2,552$930K$173K
Vision Service PlanVision1,777$292K$5K
Metropolitan Life Insurance CompanyAccident, Critical Illness1,059$291K$63K
Unum Life Insurance Company of AmericaLong Term Care69$64K$10K

Pharmacy benefit estimate

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

$6.1M/ year

Estimated prescription spend: 2,593 participants × $2,371 national average per member. Usually higher once dependents are counted.

$160K–$394K/ year

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

Brands with a generic available$47K–$117K
Lower-cost therapeutic alternatives$68K–$143K
Generic pricing vs. actual cost$30K–$89K
PBM contract terms$15K–$46K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Full Sail, LLC
Sponsor EIN
59-2111456
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-2111456 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Full Sail 401(k) Savings Plan
Type
401(k) plan
Participants
2,782

About this data

Source: Full Sail, LLC'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 Full Sail, LLC.

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