Sunshine Ace Hardware

Bonita Beach, FL Wholesale tradeNAICS 423700

Self-funded health planPlan year 2024Renews October
588ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#21 of 23Wholesale trade in FLBy participants

Overview

Sunshine Ace Hardware sponsors a self-funded health plan that covered 588 participants in plan year 2024. The plan year starts in October. 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
588
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Wynn's Family of Companies Welfare Benefits Plan, plan 501 (588 participants)
Broker compensation
$26K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability588$333K$26K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 588 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$89K/ year

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

Brands with a generic available$11K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Sunshine Ace Hardware
Sponsor EIN
20-0201457
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-0201457 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sunshine Ace Hardware, Inc. 401(k) Profit Sharing Plan and Trust
Type
401(k) plan
Participants
646

About this data

Source: Sunshine Ace Hardware'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 Sunshine Ace Hardware.

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