Kentucky › Finance and insurance › 25,000 or more participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Humana Retirement Savings Plan
Sponsored by Humana Inc., Louisville, KY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2025, Humana Retirement Savings Plan covered 57,219 participants and held $8.73B in net assets. The plan is an ESOP with a 401(k) feature sponsored by Humana Inc. of Louisville, Kentucky.
Net assets came to $126,326 per participant in plan year 2024, well above the $62,774 median for defined contribution plans with 25,000 or more participants and well above the $92,294 median for defined contribution plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $260M during the year, or $6,183 per active participant against a same-size median of $2,417; participants contributed $355M and $47.7M arrived as rollovers and other contributions. Benefits paid out totalled $825M.
Schedule C lists 15 service provider organisations paid $5,000 or more, with reported compensation of $2.4M: $42.50 per participant, well above the same-size median of $36.41. Administrative expenses charged to the plan were $2.4M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $1.40B in 2009 to $8.73B in 2025 (up 523%), and participants from 34,115 to 57,219 (up 68%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $126,326 | $62,774 | $92,294 | $53,102 |
| Employer contributions per active participant | $5,621 | $2,417 | $3,564 | $2,175 |
| Schedule C compensation per participant | $45.98 | $36.41 | $137 | $123 |
| Schedule C compensation, share of net assets | 0.04% | 0.07% | 0.17% | 0.26% |
| Administrative expenses per participant | $40.08 | $38.81 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 25,000 or more participants (608 plans), finance and insurance (4,391) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 57,219 | $8.73B | $152,495 | $260M | $355M | $2.4M |
| 2024 | 61,001 | $7.71B | $126,326 | $242M | $331M | $2.8M |
| 2023 | 61,738 | $7.37B | $119,448 | $259M | $345M | $3.4M |
| 2022 | 59,633 | $6.44B | $108,059 | $250M | $322M | $3.4M |
| 2021 | 57,673 | $7.34B | $127,349 | $239M | $304M | $2.9M |
| 2020 | 52,557 | $6.30B | $119,817 | $214M | $266M | $1.7M |
| 2019 | 50,205 | $5.35B | $106,638 | $200M | $244M | $2.9M |
| 2018 | 49,112 | $4.29B | $87,422 | $183M | $224M | $3.2M |
| 2017 | 49,626 | $4.65B | $93,629 | $188M | $229M | $3.1M |
| 2016 | 51,029 | $3.91B | $76,538 | $184M | $218M | $3.1M |
| 2015 | 49,462 | $3.44B | $69,641 | $183M | $210M | $2.9M |
| 2014 | 46,886 | $3.22B | $68,584 | $162M | $183M | $3.0M |
| 2013 | 43,147 | $2.79B | $64,662 | $138M | $155M | $3.5M |
| 2012 | 39,359 | $2.16B | $54,875 | $126M | $139M | $2.9M |
| 2011 | 36,646 | $1.89B | $51,629 | $110M | $120M | $3.5M |
| 2010 | 33,014 | $1.69B | $51,165 | $102M | $106M | $3.3M |
| 2009 | 34,115 | $1.40B | $41,029 | $97.3M | $103M | $3.0M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$7,706,023,778
- Employer contributions$260,493,702
- Participant contributions$355,473,380
- Rollovers and other contributions$47,727,202
- Total contributions$663,694,284
- Total income, including investment results$1,847,106,309
- Benefits paid$825,075,557
- Administrative expenses$2,413,709
- Total expenses$827,514,678
- Net income$1,019,591,631
- Net transfers$0
- Net assets, end of year$8,725,615,409
Participants
- Active participants42,131
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits14,774
- Participants with account balances56,145
- Total participants, end of year57,219
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Schwab Retirement Plan Services,inc | Recordkeeping and information management; Investment advisory (participants) | $1,616,106 | $0 |
| Dynamic Wealth Advisors | Investment advisory (participants) | $91,243 | $0 |
| Optima Capital Management LLC | Investment advisory (participants) | $81,784 | $0 |
| Fisher Investments | Investment advisory (participants) | $68,296 | $0 |
| Charles Schwab & Co., Inc. | Securities brokerage | $56,919 | $0 |
| Cerity Partners LLC | Investment advisory (participants) | $56,408 | $0 |
| Driven Investments LLC | Investment advisory (participants) | $46,684 | $0 |
| World Investment Advisors LLC | Investment advisory (participants) | $31,953 | $0 |
| Envestnet Asset Management Inc. | Investment advisory (participants) | $28,786 | $0 |
| Spectrum Financial Alliance | Investment advisory (participants) | $28,358 | $0 |
| MCF Advisors LLC | Investment advisory (participants) | $25,151 | $0 |
| Wealth Enhancement Advisory SE | Investment advisory (participants) | $24,437 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$1,827,742
- Recordkeeping fees$585,967
- Total administrative expenses$2,413,709
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$7.73B · 88.5%
- Other investments$479M · 5.5%
- Employer securities$260M · 3.0%
- Participant loans$139M · 1.6%
- Registered investment companies (mutual funds)$93.4M · 1.1%
- Receivables$15.5M · 0.2%
- Cash (interest and non-interest bearing)$12.5M · 0.1%
- Partnership/joint venture interests$1,740 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmPricewaterhouseCoopers
- Participant contributions reported as transmitted lateYes, $75,821
- Covered by a fidelity bondYes, $20,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2OESOP other than a leveraged ESOP2RParticipant-directed brokerage accounts provided as an investment option under the plan2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 524140: Direct Life, Health, & Medical Insurance Carriers.
Other plans of Humana Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Centerwell Home Health 401(k) Savings Plan | 14,979 | $366M |
| Humana Partnership Savings Plan | 10,118 | $318M |
| Humana Puerto Rico Retirement Savings Plan | 1,673 | $94.3M |
Similar plans in Kentucky
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Centerwell Home Health 401(k) Savings Plan | Humana Inc. | 14,979 | $366M | $24,462 |
| Humana Partnership Savings Plan | Humana Inc. | 10,118 | $318M | $31,416 |
| The Rawlings Group 401(k) Plan | The Rawlings Company LLC | 1,973 | $126M | $63,925 |
| Forcht Group of Kentucky Savings Plan | Forcht Group, Inc. | 1,912 | $64.3M | $33,647 |
| Humana Puerto Rico Retirement Savings Plan | Humana Inc. | 1,673 | $94.3M | $56,365 |
| Stock Yards Bank & Trust Company 401(k) and Employee Stock Ownership Plan | Stock Yards Bank & Trust Company | 1,443 | $185M | $127,925 |
Defined contribution plans in finance and insurance closest in size.
Questions and answers
How big is Humana Retirement Savings Plan?
57,219 participants at the end of the plan year ending 31 Dec 2025, of whom 42,131 were active employees, with net assets of $8,725,615,409. Among defined contribution plans that places it in the 25,000 or more participants band, which held 608 plans in plan year 2024.
What does Humana Inc. contribute per participant?
The filing reports $260,493,702 in employer contributions for the year, which is $6,183 per active participant; the median for plans of the same type and size was $2,417 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $2,431,632 in compensation to service provider organisations, $42.50 per participant or 0.03% of net assets. The same-size median among plans reporting any Schedule C compensation was $36.41 per participant. Administrative expenses on Schedule H were $2,413,709. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Humana Inc.. Recordkeeping or administration: Schwab Retirement Plan Services,inc. Investment advisory or management: Schwab Retirement Plan Services,inc, Dynamic Wealth Advisors and Optima Capital Management LLC. The financial statements were audited by PricewaterhouseCoopers. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 3 Aug 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 61-0647538, plan 002, received 3 Aug 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.