Hopebridge, LLC

Carmel, IN Health careNAICS 621330

Self-funded health planPlan year 2025Renews January
4,385Participants+12% vs. prior year
$10.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 36Health care in INBy participants

Overview

Hopebridge, LLC sponsors a self-funded health plan that covered 4,385 participants in plan year 2025, up 12% 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
4,385 · prior year 3,913
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hopebridge, LLC Health and Welfare Plan, plan 501 (4,385 participants)
Broker compensation
$672K 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 CompanyDental2,164$1.3M$429K
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability4,294$1.0M$218K
Vision Service PlanVision1,938$235K$25K

Pharmacy benefit estimate

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

$10.4M/ year

Estimated prescription spend: 4,385 participants × $2,371 national average per member. Usually higher once dependents are counted.

$270K–$666K/ year

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

Brands with a generic available$79K–$198K
Lower-cost therapeutic alternatives$115K–$241K
Generic pricing vs. actual cost$50K–$150K
PBM contract terms$26K–$78K
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
Hopebridge, LLC
Sponsor EIN
20-2605791
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-2605791 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hopebridge, LLC 401(k) Plan
Type
401(k) plan
Participants
5,124

About this data

Source: Hopebridge, LLC'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 Hopebridge, LLC.

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