Energy Distribution Partners

Chicago, IL RetailNAICS 454310

Self-funded health planPlan year 2024Renews September
697ParticipantsFirst year on file
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#17 of 19Retail in ILBy participants

Overview

Energy Distribution Partners sponsors a self-funded health plan that covered 697 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
697
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Energy Distribution Partners Employee Benefits, plan 501 (697 participants)
Broker compensation
$97K 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, Short-term disability, Long-term disability697$463K$65K
Cigna Health and Life Insurance CompanyCritical Illness, Hospital697$80K$28K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision890$73K$4K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 697 participants × $2,371 national average per member. Usually higher once dependents are counted.

$43K–$106K/ year

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

Brands with a generic available$13K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$12K
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
Energy Distribution Partners
Sponsor EIN
45-1874001
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 45-1874001 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Edpo, LLC Employees Savings Trust
Type
401(k) plan
Participants
914

About this data

Source: Energy Distribution Partners'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 Energy Distribution Partners.

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