Targa Resources LLC
Overview
Targa Resources LLC sponsors a self-funded health plan that covered 3,556 participants in plan year 2025, up 6% 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
- 3,556 · prior year 3,351
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Targa Resources LLC Welfare Benefits Plan, plan 501 (3,556 participants)
- Stop-loss carrier
- Berkshire Hathaway Specialty Insurance Company
- Broker compensation
- $541K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Long-term disability | 3,556 | $6.1M | $530K |
| Berkshire Hathaway Specialty Insurance Company | Stop-loss | 9,324 | $3.8M | — |
| Vision Service Plan | Vision | 3,047 | $592K | $12K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,556 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Targa Resources LLC
- Sponsor EIN
- 14-1904332
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 14-1904332 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Targa Resources 401(k) and Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 4,319
About this data
Source: Targa Resources LLC'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 Targa Resources LLC.