Gettel Automotive, Inc.

Bradenton, FL RetailNAICS 441110

Self-funded health planPlan year 2024Renews November
529ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#30 of 34Retail in FLBy participants

Overview

Gettel Automotive, Inc. sponsors a self-funded health plan that covered 529 participants in plan year 2024. The plan year starts in November. 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
529
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Gettel Automotive, Inc. Cafeteria and Erisa Wrap Plan, plan 509 (529 participants)
Broker compensation
$165K 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
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability529$561K$124K
American Heritage Life Insurance CompanyAccident, Critical Illness, Hospital223$158K$30K
Metropolitan Life Insurance CompanyVision1,285$96K$11K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 529 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$80K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
Gettel Automotive, Inc.
Sponsor EIN
65-0224226
Plan number
509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 65-0224226 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gettel Automotive, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,408

About this data

Source: Gettel Automotive, 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 Gettel Automotive, Inc..

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