Hyundai Motor America
Overview
Hyundai Motor America sponsors a self-funded health plan that covered 1,377 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
- 1,377 · prior year 1,360
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Life and Medical Plan of Hyundai Motor America, plan 501 (1,377 participants)
- Broker compensation
- $16K 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Life, Long-term disability | 1,315 | $1.5M | — |
| Delta Dental of California | Dental | 2,859 | $1.4M | — |
| Spring Health | Employee Assistance Program | 1,318 | $251K | — |
| Eyemed Vision Care on Behalf of the Fidelity Security Life Ins Company | Vision | 3,003 | $174K | — |
| Unum Insurance Company | GRP Accident | 454 | $82K | $16K |
| National Union Fire Ins Co. of Pittsburgh, PA | Business Travel Accident(ad&d and Paraly | 1,309 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,377 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
- Hyundai Motor America
- Sponsor EIN
- 33-0098815
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 33-0098815 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hyundai Motor America Profit Sharing Retirement Plan
- Type
- 401(k) plan
- Participants
- 1,544
About this data
Source: Hyundai Motor America'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 Hyundai Motor America.