Pine State Trading Co.

Gardiner, ME Wholesale tradeNAICS 424990

Self-funded health planPlan year 2025Renews January
530Participants0% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 2Wholesale trade in MEBy participants

Overview

Pine State Trading Co. sponsors a self-funded health plan that covered 530 participants in plan year 2025, about the same as the prior year. 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
530 · prior year 530
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pine State Trading Co. Health & Welfare Benefits Plan, plan 501 (530 participants)
Broker compensation
$34K 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
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability419$472K$31K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.Vision496$34K$3K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 530 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$81K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 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
Pine State Trading Co.
Sponsor EIN
01-0140426
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 01-0140426 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pine State Trading Co. 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
633

About this data

Source: Pine State Trading Co.'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 Pine State Trading Co..

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