Goodwill Industries of Central Florida Inc.

Orlando, FL ConstructionNAICS 238900

Self-funded health planPlan year 2024Renews August
1,327ParticipantsFirst year on file
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#10 of 31Construction in FLBy participants

Overview

Goodwill Industries of Central Florida Inc. sponsors a self-funded health plan that covered 1,327 participants in plan year 2024. The plan year starts in August. 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
1,327
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Goodwill Industries of Central Florida Health & Welfare Plan, plan 505 (1,327 participants)
Broker compensation
$224K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-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 CompanyDental, Vision, Life, Short-term disability, Long-term disability1,267$835K$223K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal59$8K$1K

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,327 participants × $2,371 national average per member. Usually higher once dependents are counted.

$82K–$202K/ year

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

Brands with a generic available$24K–$60K
Lower-cost therapeutic alternatives$35K–$73K
Generic pricing vs. actual cost$15K–$45K
PBM contract terms$8K–$24K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
Goodwill Industries of Central Florida Inc.
Sponsor EIN
59-0908166
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-0908166 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Goodwill Industries of Central Florida 403(b) Plan
Type
Defined contribution plan
Participants
3,037

About this data

Source: Goodwill Industries of Central Florida 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 Goodwill Industries of Central Florida Inc..

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