Valet Living, LLC

Tampa, FL Business servicesNAICS 561440

Self-funded health planPlan year 2025Renews January
869Participants+1% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#14 of 18Business services in FLBy participants

Overview

Valet Living, LLC sponsors a self-funded health plan that covered 869 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
869 · prior year 864
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Valet Living, LLC Welfare Benefits Plan, plan 501 (869 participants)
Broker compensation
$37K 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
Cigna Health and Life Insurance Company and AffiliatesDental1,006$353K—
Hartford Life and AccidentLife, Short-term disability, Long-term disability763$283K$12K
American Heritage Life Insurance CompanyAccident, Critical Illness, Hospital216$134K$24K
Vision Service PlanVision462$48K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 869 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$132K/ year

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

Brands with a generic available$16K–$39K
Lower-cost therapeutic alternatives$23K–$48K
Generic pricing vs. actual cost$10K–$30K
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 2025
Plan sponsor
Valet Living, LLC
Sponsor EIN
20-4186236
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-4186236 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Valet Living, LLC 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
6,377

About this data

Source: Valet Living, LLC'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 Valet Living, LLC.

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