Wiginton Corporation

Sanford, FL ManufacturingNAICS 333900

Self-funded health planPlan year 2025Renews January
525Participants+6% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#44 of 48Manufacturing in FLBy participants

Overview

Wiginton Corporation sponsors a self-funded health plan that covered 525 participants in plan year 2025, up 6% 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
525 · prior year 495
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Wiginton Corp. Health and Welfare Plan, plan 501 (525 participants)
Broker compensation
$62K 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
The Lincoln National Life Insurance CompanyLife, Long-term disability525$320K$62K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.Vision569$38K—
Charles Nechtem Associates, Inc.Employee Assistance Program525$14K—

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 525 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$80K/ year

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

Brands with a generic available$9K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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
Wiginton Corporation
Sponsor EIN
59-1161350
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-1161350 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wiginton Corporation Esop
Type
Defined contribution plan
Participants
661

About this data

Source: Wiginton Corporation'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 Wiginton Corporation.

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