V P Holdings, LLC and ITS Scheduled Affiliates Valpak

St Petersburg, FL Professional servicesNAICS 541800

Self-funded health planPlan year 2024Renews January
948ParticipantsFirst year on file
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 53Professional services in FLBy participants

Overview

V P Holdings, LLC and ITS Scheduled Affiliates Valpak sponsors a self-funded health plan that covered 948 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
948
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
V P Holdings LLC Welfare Benefits Plan, plan 501 (948 participants)
Broker compensation
$65K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability854$719K$29K
GuardianDental, Vision716$581K$36K

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 948 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$144K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
V P Holdings, LLC and ITS Scheduled Affiliates Valpak
Sponsor EIN
59-2778273
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-2778273 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Media Holdings 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
1,702

About this data

Source: V P Holdings, LLC and ITS Scheduled Affiliates Valpak'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 V P Holdings, LLC and ITS Scheduled Affiliates Valpak.

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