Apache Corporation

Houston, TX Mining & energyNAICS 211120

Self-funded health planPlan year 2025Renews January
1,384Participants-10% vs. prior year
$3.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#21 of 43Mining & energy in TXBy participants

Overview

Apache Corporation sponsors a self-funded health plan that covered 1,384 participants in plan year 2025, down 10% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,384 · prior year 1,543
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Apache Corporation Benefits Plan, plan 514 (1,384 participants)
Stop-loss carrier
Bluecross Blueshield of Texas
Broker compensation
$302K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Long-term disability, Long Term Care1,107$1.5M$139K
Cigna Health and Life Insurance CompanyMedical, Dental171$931K$19K
Bluecross Blueshield of TexasStop-loss3,274$777K$128K
Zurich American Insurance CompanyAccidental Death and Dismemberment Insur, Accidental Death and Dismemberment, AD&D1,365$290K$11K
Vision Service PlanVision1,218$269K$5K

Pharmacy benefit estimate

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

$3.3M/ year

Estimated prescription spend: 1,384 participants × $2,371 national average per member. Usually higher once dependents are counted.

$85K–$210K/ year

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

Brands with a generic available$25K–$62K
Lower-cost therapeutic alternatives$36K–$76K
Generic pricing vs. actual cost$16K–$47K
PBM contract terms$8K–$25K
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
Apache Corporation
Sponsor EIN
41-0747868
Plan number
514
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-0747868 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Apache Corporation 401(k) Savings Plan
Type
401(k) plan
Participants
2,409

About this data

Source: Apache Corporation'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 Apache Corporation.

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