BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

HP Inc.

Updated Filing received by DOL

HP Inc., a manufacturing — metal, equipment, transportation employer in Spring, Texas, reported 13,640 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $2.9M in insurance premiums across 36 contracts and no broker compensation. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 8, 2025, before the deadline.

Participants
13,640
−7.0% vs 2023
Premiums filed
$2.9M
+4.3% vs 2023
Broker commissions + fees
none
not reported
Commission rate
n/a
needs insured medical premium

Insurance contracts and carriers

The 24 largest of 36 contracts reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.

Carrier · coverageCoveredPremiumBroker payRate
Metropolitan Life Insurance Companycoverage not coded1,071$1.5M——
Metropolitan Life Insurance Companycoverage not coded1,071$1.5M——
Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc.health26———
Kaiser Foundation Health Plan of the Northwesthealth514———
Life Insurance Company of North Americalife13,527———
Life Insurance Company of North Americacoverage not coded13,431———
Life Insurance Company of North Americalong-term disability12,884———
Sun Life Assurance Company of Canadacoverage not coded12,134———
Aetna Life Insurance Co.dental1,434———
Compsychcoverage not coded25,935———
John Hancock Life Insurance Companycoverage not coded244———
John Hancock Life Insurance Companycoverage not coded5,195———
Eyemed Vision Carevision25,844———
Arag Services, LLCcoverage not coded6,056———
Kaiser Foundation Health Plan, Inc. Northern Californiahealth1,457———
Kaiser Foundation Health Plan, Inc. Southern Californiahealth704———
Kaiser Foundation Health Plan of Coloradohealth183———
Kaiser Foundation Health Plan of Georgia, Inc.health197———
Kaiser Foundation Health Plan of Hawaiihealth42———
John Hancock Life Insurance Companycoverage not coded244———
John Hancock Life Insurance Companycoverage not coded5,195———
Kaiser Foundation Health Plan, Inc. Southern Californiahealth704———
Kaiser Foundation Health Plan of the Northwesthealth514———
Kaiser Foundation Health Plan, Inc. Northern Californiahealth1,457———

Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.

How HP Inc. compares

Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.

Broker commissions + fees, dollars
HP Inc.
$0
Commission rate, % of medical premium

Not computable: no insured medical premium on the filing.

Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.

Year over year

$2.8M$2.9MPremiums$0$0Broker pay20232024
HP Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants14,66513,640−7.0%
Premiums filed$2,812,206$2,933,020+4.3%
Broker commissions + fees$0$0—
Commission rate———

Source: DOL Form 5500 filings for plan years 2023 and 2024.

Filings and timeliness

Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.

PlanPlan year endReceived by DOLTimingParticipants
HP Inc. Comprehensive Welfare Benefits Plan#511 · insurance, general assetsDecember 31, 2024July 8, 2025before deadline13,640
HP Inc. Retiree Welfare Benefits Plan#557 · insurance, general assetsDecember 31, 2024July 8, 2025before deadline13,077
HP Inc. Retirement Medical Savings Account Plan#512 · general assets, trustOctober 31, 2025July 10, 2026within extension7,211
HP Inc. Cafeteria Plan#525 · general assetsDecember 31, 2024July 8, 2025before deadline3,466
HP Inc. 2023 US Enhanced Early Retirement Program#561 · general assetsDecember 31, 2024July 8, 2025before deadline935

Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.

How much did HP Inc. pay in health insurance broker commissions in 2024?

HP Inc.'s 2024 Form 5500 reports no broker commissions or fees on Schedule A. Self-funded plans often pay consultants directly, which the public filing does not always capture.

Is HP Inc.'s health plan self-funded or fully insured?

The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc., Kaiser Foundation Health Plan of the Northwest, Kaiser Foundation Health Plan, Inc. Northern California.

How does HP Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for HP Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.

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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.