Oceans Acquisition Inc.
Overview
Oceans Acquisition Inc. sponsors a self-funded health plan that covered 4,080 participants in plan year 2025. 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
- 4,080 · prior year 1,536
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Oceans Acquisition Inc. Health and Welfare Benefit Plan, plan 501 (4,080 participants); Oceans Acquisitions, Inc. D/b/a Oceans Healthcare Work Related Injury Plan, plan 502 (1,378 participants)
- Broker compensation
- $332K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Vision, Life, Short-term disability, Long-term disability | 5,215 | $1.5M | $236K |
| Cigna Health and Life Insurance Company and Affiliates | Dental | 1,812 | $941K | $93K |
| MetLife Legal Plans | Legal | 147 | $23K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,080 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Oceans Acquisition Inc.
- Sponsor EIN
- 46-1595657
- Plan numbers
- 501, 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 46-1595657 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Oceans Healthcare 401(k) Plan
- Type
- 401(k) plan
- Participants
- 4,227
About this data
Source: Oceans Acquisition 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 Oceans Acquisition Inc..