Equitrans Midstream Corporation

Canonsburg, PA Transportation & logisticsNAICS 486000

Self-funded health planPlan year 2024Renews January
779ParticipantsFirst year on file
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 10Transportation & logistics in PABy participants

Overview

Equitrans Midstream Corporation sponsors a self-funded health plan that covered 779 participants in plan year 2024. 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
779
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Equitrans Midstream Corporation Comprehensive Welfare Plan for Unfunded Benefits, plan 501 (779 participants)
Broker compensation
$78K 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
The Lincoln National Life Insurance CompanyLife, Dental, Long-term disability802$1.1M$74K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision2,036$143K$3K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 779 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$118K/ 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 2024
Plan sponsor
Equitrans Midstream Corporation
Sponsor EIN
83-0516635
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-0516635 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Equitrans Midstream Corporation Employee Savings Plan
Type
401(k) plan
Participants
1

About this data

Source: Equitrans Midstream Corporation'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 Equitrans Midstream Corporation.

Request a correction · Methodology