BP Corporation North America Inc.
Overview
BP Corporation North America Inc. sponsors a self-funded health plan that covered 16,131 participants in plan year 2025, up 7% from the prior year. The plan year starts in April. 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
- 16,131 · prior year 15,121
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- BP Consolidated Welfare Benefit Plan, plan 504 (16,131 participants)
- Broker compensation
- $360K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, HMO, Short-term disability | 13,968 | $36.6M | $280K |
| Healthcare Service Corporation | HMO | 1,426 | $13.2M | — |
| Life Insurance Company of North America | Long-term disability, STD, Paid Family Leave | 11,445 | $7.2M | — |
| Kaiser Foundation Health Plan Inc. | HMO | 481 | $3.4M | — |
| Vision Service Plan | Vision | 9,798 | $2.0M | — |
| Aetna Life Insurance Co. | Medical, Dental | 402 | $843K | — |
| MetLife Legal Plans, Inc. | Legal | 3,001 | $686K | $80K |
| Cigna Health and Life Insurance Company and Affiliates | Dental, HMO, PPO | 1,988 | $584K | — |
| Kaiser Foundation Health Plan of Washington | Medical, HMO | 107 | $581K | — |
| Kaiser Foundation Health Plan of the Northwest | HMO | 29 | $287K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 16,131 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
- BP Corporation North America Inc.
- Sponsor EIN
- 36-1812780
- Plan number
- 504
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-1812780 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- BP Retirement Accumulation Plan
- Type
- Pension plan
- Participants
- 28,766
About this data
Source: BP Corporation North America 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 BP Corporation North America Inc..