TGI Fridays Inc.

Dallas, TX HospitalityNAICS 722511

Self-funded health planPlan year 2025Renews January
861Participants0% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 60Hospitality in TXBy participants

Overview

TGI Fridays Inc. sponsors a self-funded health plan that covered 861 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
861 · prior year 861
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
TGI Fridays Health and Welfare Plan, plan 501 (861 participants)
Broker compensation
$7K 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
Metropolitan Life Insurance CompanyDental, Vision, Accident861$29K$7K
Metropolitan General Insurance CompanyLegal861$9K—
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability861——
Federal Insurance CompanyAccidental Death and Dismemberment861——

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 861 participants × $2,371 national average per member. Usually higher once dependents are counted.

$53K–$131K/ year

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

Brands with a generic available$16K–$39K
Lower-cost therapeutic alternatives$23K–$47K
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
TGI Fridays Inc.
Sponsor EIN
13-2677117
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-2677117 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: TGI Fridays 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 TGI Fridays Inc..

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