Ablelight Inc.

Watertown, WI Health careNAICS 623000

Self-funded health planPlan year 2024Renews September
943ParticipantsFirst year on file
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#16 of 29Health care in WIBy participants

Overview

Ablelight Inc. sponsors a self-funded health plan that covered 943 participants in plan year 2024. The plan year starts in September. 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
943
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Ablelight Inc. Employee Benefits Plan, plan 501 (943 participants)
Broker compensation
$103K 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
Prudential Insurance Company of AmericaLife, Voluntary Life Insurance, Voluntary Accidental Death and Dismember, Accidental Death and Dismemberment, Voluntary Dependent Life Spouse / Family, Voluntary Dependent Life Child, Long-term disability, Short-term disability, Accident935$579K$88K
Delta Dental of WisconsinDental398$233K$13K
Vision Service PlanVision445$72K$1K

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 943 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$143K/ year

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

Brands with a generic available$17K–$42K
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 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
Ablelight Inc.
Sponsor EIN
39-0806446
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-0806446 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ablelight, Inc. 403(b) Plan
Type
Defined contribution plan
Participants
1,831

About this data

Source: Ablelight Inc.'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 Ablelight Inc..

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