Proman Group, Inc.

Northbrook, IL Business servicesNAICS 561300

Self-funded health planPlan year 2024Renews June
875ParticipantsFirst year on file
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#9 of 11Business services in ILBy participants

Overview

Proman Group, Inc. sponsors a self-funded health plan that covered 875 participants in plan year 2024. The plan year starts in June. 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
875
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Proman Group, Inc. Employee Benefits Plan, plan 501 (875 participants)
Stop-loss carrier
SUS Insurance Company; SUS Insurance Company; SUS Insurance Company
Broker compensation
$350K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of IllinoisMedical, Dental327$2.5M$98K
Planned Administrators Inc.Medical, Dental, Vision, Life, Short-term disability747$587K$222K
Dearborn Life Insurance CompanyLife, Short-term disability, Long-term disability243$155K$26K
SUS Insurance CompanyStop-loss49$50K—
UnitedHealthcare Insurance CompanyVision429$24K$3K
EspyrEmployee Assistance Program246$8K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 875 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$133K/ year

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

Brands with a generic available$16K–$39K
Lower-cost therapeutic alternatives$23K–$48K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Proman Group, Inc.
Sponsor EIN
82-2540923
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-2540923 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Proman Group, Inc.'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 Proman Group, Inc..

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