Nextran Corporation

Jacksonville, FL RetailNAICS 441300

Self-funded health planPlan year 2025Renews March
1,287Participants+0% vs. prior year
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#14 of 34Retail in FLBy participants

Overview

Nextran Corporation sponsors a self-funded health plan that covered 1,287 participants in plan year 2025, about the same as the prior year. The plan year starts in March. 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
1,287 · prior year 1,283
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Nextran Corporation Group Employee Plan, plan 501 (1,287 participants)
Broker compensation
$269K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability1,139$1.3M$218K
Continental American Insurance CompanyAccident, Critical Illness, Hospital143$274K$40K
Vision Service PlanVision866$106K$11K

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,287 participants × $2,371 national average per member. Usually higher once dependents are counted.

$79K–$196K/ year

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

Brands with a generic available$23K–$58K
Lower-cost therapeutic alternatives$34K–$71K
Generic pricing vs. actual cost$15K–$44K
PBM contract terms$8K–$23K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Nextran Corporation
Sponsor EIN
59-3139839
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-3139839 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nextran Truck Centers 401(k) Plan
Type
401(k) plan
Participants
1,351

About this data

Source: Nextran Corporation'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 Nextran Corporation.

Request a correction · Methodology