Mewbourne Oil Company

Tyler, TX Mining & energyNAICS 211120

Self-funded health planPlan year 2025Renews January
837Participants+7% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#33 of 43Mining & energy in TXBy participants

Overview

Mewbourne Oil Company sponsors a self-funded health plan that covered 837 participants in plan year 2025, up 7% 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
837 · prior year 783
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mewbourne Oil Company Group Medical Insurance Plan, plan 508 (837 participants)
Broker compensation
$87K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of TexasDental2,037$735K$5K
Prudential Insurance Company of AmericaLife, Long-term disability837$566K$78K
Vision Service PlanVision694$93K—
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident837$21K$3K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 837 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$127K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
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
Mewbourne Oil Company
Sponsor EIN
75-1254872
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-1254872 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mewbourne Oil Company Employees' 401(k) Plan
Type
401(k) plan
Participants
944

About this data

Source: Mewbourne Oil Company'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 Mewbourne Oil Company.

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