Guardian Fleet Services, Inc.

West Palm Beach, FL Transportation & logisticsNAICS 488410

Self-funded health planPlan year 2024Renews October
703ParticipantsFirst year on file
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#12 of 13Transportation & logistics in FLBy participants

Overview

Guardian Fleet Services, Inc. sponsors a self-funded health plan that covered 703 participants in plan year 2024. The plan year starts in October. 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
703
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Guardian Fleet Services Health and Welfare Plan, plan 501 (703 participants)
Broker compensation
$106K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability703$258K$67K
Starmount Life Insurance CompanyDental, Vision478$163K$32K
Unum Insurance CompanyAccident286$31K$7K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 703 participants × $2,371 national average per member. Usually higher once dependents are counted.

$43K–$107K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$39K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Guardian Fleet Services, Inc.
Sponsor EIN
82-1297296
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-1297296 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Guardian Fleet Services 401(k) Plan
Type
401(k) plan
Participants
701

About this data

Source: Guardian Fleet Services, 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 Guardian Fleet Services, Inc..

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