Gardaworld Cash Services, Inc.

Boca Raton, FL Transportation & logisticsNAICS 488990

Self-funded health planPlan year 2025Renews January
5,559Participants-8% vs. prior year
$13.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 13Transportation & logistics in FLBy participants

Overview

Gardaworld Cash Services, Inc. sponsors a self-funded health plan that covered 5,559 participants in plan year 2025, down 8% 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
5,559 · prior year 6,026
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Gardaworld Cash Services, Inc., plan 502 (5,559 participants)
Broker compensation
$455K 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
United of Omaha Life Insurance CompanyLife, Long-term disability3,946$1.1M$158K
Continental American Insurance CompanyAccident, Critical Illness, Hospital2,213$958K$170K
Bankers Fidelity Life Insurance CompanyShort-term disability1,261$488K$91K
The Guardian Life Insurance Company of AmericaVision2,237$260K$26K
New Directions Behavioral HealthEmployee Assistance Program5,286$70K—
Mutual of Omaha Insurance CompanyAccidental Death and Dismemberment1,209$50K$10K

Pharmacy benefit estimate

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

$13.2M/ year

Estimated prescription spend: 5,559 participants × $2,371 national average per member. Usually higher once dependents are counted.

$343K–$845K/ year

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

Brands with a generic available$100K–$250K
Lower-cost therapeutic alternatives$146K–$306K
Generic pricing vs. actual cost$63K–$190K
PBM contract terms$33K–$99K
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
Gardaworld Cash Services, Inc.
Sponsor EIN
95-4556431
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-4556431 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gardaworld Cash Services, Inc. 401(k) Savings and Retirement Plan
Type
401(k) plan
Participants
6,503

About this data

Source: Gardaworld Cash Services, Inc.'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 Gardaworld Cash Services, Inc..

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