Ovintiv USA Inc.

Denver, CO Mining & energyNAICS 211130

Self-funded health planPlan year 2025Renews January
1,020Participants+0% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 12Mining & energy in COBy participants

Overview

Ovintiv USA Inc. sponsors a self-funded health plan that covered 1,020 participants in plan year 2025, about the same as 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
1,020 · prior year 1,017
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ovintiv U.S. Welfare Benefit Plan, plan 501 (1,020 participants)
Stop-loss carrier
Symetra Life Insurance Company
Broker compensation
$227K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentAccidental Death & Dismemberment, Life, Long-term disability771$1.5M$24K
Symetra Life Insurance CompanyStop-loss2,411$1.2M$197K
Reliastar Life Insurance CompanyShort-term disability691$175K$6K
Vision Service PlanVision733$150K—
MetLife Legal PlansPre-Paid Legal Benefits105$24K—

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,020 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$155K/ year

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

Brands with a generic available$18K–$46K
Lower-cost therapeutic alternatives$27K–$56K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
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
Ovintiv USA Inc.
Sponsor EIN
98-0087558
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 98-0087558 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ovintiv U.S. Retirement Plan
Type
401(k) plan
Participants
1,918

About this data

Source: Ovintiv USA Inc.'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 Ovintiv USA Inc..

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