Odevo US Opco, LLC

Miami, FL Real estateNAICS 531310

Self-funded health planPlan year 2025Renews June
1,067Participants+4% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#8 of 10Real estate in FLBy participants

Overview

Odevo US Opco, LLC sponsors a self-funded health plan that covered 1,067 participants in plan year 2025, up 4% from the prior year. The plan year starts in June. 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
1,067 · prior year 1,031
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
KW Property Management, LLC Employee Welfare Benefits Plan, plan 510 (1,067 participants)
Broker compensation
$386K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaDental, Vision, Life, Short-term disability, Long-term disability723$1.8M$382K
Preferred Legal PlanLegal157$29K$4K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,067 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$162K/ year

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

Brands with a generic available$19K–$48K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Odevo US Opco, LLC
Sponsor EIN
88-3066181
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 88-3066181 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Odevo US Opco, LLC'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 Odevo US Opco, LLC.

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