Ivxpress Inc.

Brentwood, TN Health careNAICS 621399

Self-funded health planPlan year 2025Renews January
782Participants+25% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#40 of 51Health care in TNBy participants

Overview

Ivxpress Inc. sponsors a self-funded health plan that covered 782 participants in plan year 2025, up 25% 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
782 · prior year 624
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ivxpress Inc., DBA IVX Health Wrap Plan, plan 503 (782 participants)
Broker compensation
$142K 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
Cigna Health and Life Insurance Company and AffiliatesDental, Vision569$304K$23K
Hartford Life and AccidentLife, Short-term disability, Long-term disability759$296K$56K
Wellfleet Insurance CompanyAccident, Critical Illness, Hospital Ind396$109K$64K

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 782 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$119K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$21K–$43K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
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
Ivxpress Inc.
Sponsor EIN
46-1432420
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-1432420 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
IVX Health 401(k) Plan
Type
401(k) plan
Participants
824

About this data

Source: Ivxpress Inc.'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 Ivxpress Inc..

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