Ignite Team Partners, LLC

Park Ridge, IL Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
2,307ParticipantsFirst year on file
$5.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#26 of 65Health care in ILBy participants

Overview

Ignite Team Partners, LLC sponsors a self-funded health plan that covered 2,307 participants in plan year 2025. 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
2,307
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ignite Team Partners, LLC Group Benefits Plan, plan 501 (2,307 participants)
Broker compensation
$205K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath 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 disability2,307$1.0M$138K
Delta Dental of IllinoisDental1,128$695K$64K
Vision Service PlanVision974$111K$3K

Pharmacy benefit estimate

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

$5.5M/ year

Estimated prescription spend: 2,307 participants × $2,371 national average per member. Usually higher once dependents are counted.

$142K–$351K/ year

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

Brands with a generic available$42K–$104K
Lower-cost therapeutic alternatives$61K–$127K
Generic pricing vs. actual cost$26K–$79K
PBM contract terms$14K–$41K
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
Ignite Team Partners, LLC
Sponsor EIN
82-3928071
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-3928071 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ignite Medical Resorts Employee 401(k) Plan
Type
401(k) plan
Participants
5,477

About this data

Source: Ignite Team Partners, 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 Ignite Team Partners, LLC.

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