Flex N Gate Ventra Greenwich

Urbana, IL ManufacturingNAICS 336300

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
6,628Participants-2% vs. prior year
$15.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 122Manufacturing in ILBy participants

Overview

Flex N Gate Ventra Greenwich sponsors a self-funded health plan that covered 6,628 participants in plan year 2025, down 2% 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
6,628 · prior year 6,776
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Flex N Gate Ventra Greenwich SEC 125 Plan, plan 501 (6,628 participants)
Broker compensation
$314K 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
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability6,275$5.2M$254K
Trustmark Insurance CompanyLife222$420K$56K
Metropolitan Life Insurance CompanyVision5,532$383K$3K
Ulliance, Inc.Employee Assistance Program6,624$159K—

Pharmacy benefit estimate

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

$15.7M/ year

Estimated prescription spend: 6,628 participants × $2,371 national average per member. Usually higher once dependents are counted.

$409K–$1.0M/ year

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

Brands with a generic available$119K–$299K
Lower-cost therapeutic alternatives$174K–$365K
Generic pricing vs. actual cost$75K–$226K
PBM contract terms$39K–$118K
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
Flex N Gate Ventra Greenwich
Sponsor EIN
27-0377468
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-0377468 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Flex N Gate Ventra Greenwich'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 Flex N Gate Ventra Greenwich.

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