Saft America, Inc.

Jacksonville, FL ManufacturingNAICS 335900

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
901Participants+4% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#28 of 48Manufacturing in FLBy participants

Overview

Saft America, Inc. sponsors a self-funded health plan that covered 901 participants in plan year 2025, up 4% from 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
901 · prior year 870
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Saft America, Inc., plan 501 (901 participants)
Broker compensation
$225K 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 AmericaBusiness Travel Accident, Long-term disability, Accidental Death and Dismemberment, Life, Short-term disability, Accident, Critical Illness, Hospital Indemnity876$931K$193K
HCC Life Insurance CompanyOrgan Transplant773$130K$13K
Trustmark Insurance CompanyLife33$19K$1K
United Behavioral Health DBA OptumEmployee Assistance Program901$16K—
Hartford Fire Insurance CompanyBusiness Travel Accident920$12K$2K

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 901 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$137K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
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
Saft America, Inc.
Sponsor EIN
58-2209171
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-2209171 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Saft America Inc. Savings and Retirement Plan
Type
401(k) plan
Participants
1,307

About this data

Source: Saft America, 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 Saft America, Inc..

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