Ventura Services - Florida, LLC

Ft Lauderdale, FL Health careNAICS 623000

Self-funded health planPlan year 2024Renews September
598ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#80 of 89Health care in FLBy participants

Overview

Ventura Services - Florida, LLC sponsors a self-funded health plan that covered 598 participants in plan year 2024. The plan year starts in September.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
598
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Diamond Health Benefit Trust, plan 501 (598 participants)
Stop-loss carrier
Gerber Life
Broker compensation
$41K across insured contracts
Medical

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Gerber LifeStop-loss586$505K$41K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 598 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$91K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Ventura Services - Florida, LLC
Sponsor EIN
84-1891690
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-1891690 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ventura Services FL LLC 401(k) Plan
Type
401(k) plan
Participants
3,416

About this data

Source: Ventura Services - Florida, LLC'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 Ventura Services - Florida, LLC.

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