Tgs-Nopec Geophysical Company

Houston, TX Professional servicesNAICS 541360

Self-funded health planPlan year 2025Renews January
543Participants+34% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#73 of 81Professional services in TXBy participants

Overview

Tgs-Nopec Geophysical Company sponsors a self-funded health plan that covered 543 participants in plan year 2025, up 34% 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
543 · prior year 404
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Tgs-Nopec Geophysical Company Welfare Benefit Plan, plan 503 (543 participants)
Broker compensation
$49K 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
Unum Life Insurance Company of AmericaLife, Long-term disability514$507K$14K
Unum Insurance CompanyAccident, Critical Illness, Hospital Indemnity199$158K$30K
Eyemed Vision CareVision1,159$77K—
Pre-Paid Legal Services Inc. DBA LegalshieldLegal115$27K$5K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 543 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$83K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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
Tgs-Nopec Geophysical Company
Sponsor EIN
76-0170405
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 76-0170405 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Tgs-Nopec Geophysical 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 Tgs-Nopec Geophysical Company.

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