Technip Energies USA, Inc.

Houston, TX Professional servicesNAICS 541330

Self-funded health planPlan year 2025Renews January
1,032Participants-17% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#41 of 81Professional services in TXBy participants

Overview

Technip Energies USA, Inc. sponsors a self-funded health plan that covered 1,032 participants in plan year 2025, down 17% 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
1,032 · prior year 1,242
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Technip Energies USA, Inc. Welfare Benefits Plan, plan 504 (1,032 participants)
Broker compensation
$67K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United Concordia Insurance CompanyDental2,089$1.0M$20K
Metropolitan Life Insurance CompanyVision, Life1,942$815K$33K
Lincoln National Life Insurance CompanyLong-term disability1,001$491K$7K
MetLife Legal PlansLegal254$59K$7K
Zurich American Insurance CompanyBusiness Travel Accident1,117$3K—

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,032 participants × $2,371 national average per member. Usually higher once dependents are counted.

$64K–$157K/ year

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

Brands with a generic available$19K–$46K
Lower-cost therapeutic alternatives$27K–$57K
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
Technip Energies USA, Inc.
Sponsor EIN
76-0386371
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 76-0386371 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Technip Energies USA, Inc. Retirement Savings Plan
Type
401(k) plan
Participants
1,540

About this data

Source: Technip Energies 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 Technip Energies USA, Inc..

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