World Kinect Corporation

Miami, FL Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
2,443Participants-7% vs. prior year
$5.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 11Holding companies in FLBy participants

Overview

World Kinect Corporation sponsors a self-funded health plan that covered 2,443 participants in plan year 2025, down 7% 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
2,443 · prior year 2,623
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
World Kinect Corporation Welfare Benefit Plan, plan 501 (2,443 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$174K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental Insurance CompanyDental4,864$2.0M—
Continental American Insurance CompanyAccident, Critical Illness, and Hospital, Life, Long-term disability2,154$1.7M$126K
Reliastar Life Insurance CompanyStop-loss4,908$442K$28K
Eyemed Vision CareVision4,014$260K—
ComPsychEAP2,669$43K—
Provident Life and Accident Insurance CompanyLong-term disability30$42K$9K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Memberships222$39K$7K

Pharmacy benefit estimate

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

$5.8M/ year

Estimated prescription spend: 2,443 participants × $2,371 national average per member. Usually higher once dependents are counted.

$151K–$371K/ year

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

Brands with a generic available$44K–$110K
Lower-cost therapeutic alternatives$64K–$134K
Generic pricing vs. actual cost$28K–$83K
PBM contract terms$14K–$43K
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
World Kinect Corporation
Sponsor EIN
59-2459427
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-2459427 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
World Kinect Corporation 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
3,294

About this data

Source: World Kinect 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 World Kinect Corporation.

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