Hubbard Broadcasting, Inc.

St. Paul, MN Information & technologyNAICS 515100

Self-funded health planPlan year 2025Renews January
1,699ParticipantsFirst year on file
$4.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 7Information & technology in MNBy participants

Overview

Hubbard Broadcasting, Inc. sponsors a self-funded health plan that covered 1,699 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,699
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hubbard Broadcasting, Inc. Employee Benefits Plan, plan 501 (1,699 participants)
Broker compensation
$96K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentAD&D, Life, Long-term disability1,304$1.1M$85K
Delta Dental of MinnesotaDental965$839K$8K
Vision Service PlanVision836$172K$4K
North Risk PartnersBusiness Travel Accident1,577——

Pharmacy benefit estimate

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

$4.0M/ year

Estimated prescription spend: 1,699 participants × $2,371 national average per member. Usually higher once dependents are counted.

$105K–$258K/ year

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

Brands with a generic available$31K–$77K
Lower-cost therapeutic alternatives$45K–$93K
Generic pricing vs. actual cost$19K–$58K
PBM contract terms$10K–$30K
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
Hubbard Broadcasting, Inc.
Sponsor EIN
41-1427680
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1427680 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
HBI 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
2,521

About this data

Source: Hubbard Broadcasting, 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 Hubbard Broadcasting, Inc..

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