Priority Fulfillment Services, Inc.

Irving, TX Professional servicesNAICS 541990

Self-funded health planPlan year 2024Renews January
832ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 81Professional services in TXBy participants

Overview

Priority Fulfillment Services, Inc. sponsors a self-funded health plan that covered 832 participants in plan year 2024. 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
832
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Priority Fulfillment Services, Inc. Cafeteria Plan, plan 501 (832 participants)
Broker compensation
$39K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability907$151K$39K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision856$15K$549
Cigna Health and Life Insurance Company and AffiliatesDental281$12K—
Magellan HealthcareEmployee Assistance Program907$3K—

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 832 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$126K/ year

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

Brands with a generic available$15K–$37K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
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 2024
Plan sponsor
Priority Fulfillment Services, Inc.
Sponsor EIN
75-2655704
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-2655704 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Priority Fulfillment Services
Type
401(k) plan
Participants
1,017

About this data

Source: Priority Fulfillment 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 Priority Fulfillment Services, Inc..

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