Trinet HR II Holdings, Inc.

Dublin, CA Business servicesNAICS 561300

Self-funded health planPlan year 2024Renews April
13,940ParticipantsFirst year on file
$33.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#2 of 12Business services in CABy participants

Overview

Trinet HR II Holdings, Inc. sponsors a self-funded health plan that covered 13,940 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, short-term disability, long-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
13,940
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Trinet HR II, Inc. Employee Benefit Plan, plan 501 (13,940 participants)
Broker compensation
$71K across insured contracts
MedicalLife insuranceShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife12,190$2.9M—
Hartford Life and AccidentShort-term disability, Long-term disability6,583$2.7M$68K
Hartford Fire Insurance CompanyBusiness Travel Accident1,801$17K$3K
FEI Behavioral HealthEmployee Assistance Program12,012$9K—

Pharmacy benefit estimate

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

$33.1M/ year

Estimated prescription spend: 13,940 participants × $2,371 national average per member. Usually higher once dependents are counted.

$859K–$2.1M/ year

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

Brands with a generic available$251K–$628K
Lower-cost therapeutic alternatives$367K–$767K
Generic pricing vs. actual cost$159K–$476K
PBM contract terms$83K–$248K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Trinet HR II Holdings, Inc.
Sponsor EIN
56-1952356
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-1952356 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Trinet HR II Holdings, Inc.'s Form 5500 filing for plan year 2024 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 Trinet HR II Holdings, Inc..

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