Calfrac Well Services Corporation

Denver, CO Mining & energyNAICS 211120

Self-funded health planPlan year 2025Renews January
752Participants-14% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 12Mining & energy in COBy participants

Overview

Calfrac Well Services Corporation sponsors a self-funded health plan that covered 752 participants in plan year 2025, down 14% 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
752 · prior year 878
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Calfrac Well Services Corporation Employee Benefits Plan, plan 501 (752 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability552$1.1M$129K
American Heritage Life Insurance CompanyAccident, Critical Illness, Hospital398$128K$12K
ComPsych CorporationEmployee Assistance Program582$13K—

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 752 participants × $2,371 national average per member. Usually higher once dependents are counted.

$46K–$114K/ year

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

Brands with a generic available$14K–$34K
Lower-cost therapeutic alternatives$20K–$41K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$4K–$13K
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
Calfrac Well Services Corporation
Sponsor EIN
84-1591738
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-1591738 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Calfrac Well Services Corp. 401k Plan and Trust
Type
401(k) plan
Participants
1,201

About this data

Source: Calfrac Well Services 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 Calfrac Well Services Corporation.

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