Civic Intelligence

Hewlett Packard Enterprise Rmsa Trust

EIN 47-7284432 • 501(c)9 • Spring, TX

Profile

This Voluntary Employee Benefit Association (VEBA) provides for the payment of medical and other welfare benefits to its members or designated beneficiaries as defined in IRC Section 501c9

Legal Dept 1701 East Mossy Oaks RdSpring, TX 77389
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-4.4%

Faster revenue growth than 19% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$76,161,588

Up $8,303,133 (+12%) from 2023

Liabilities

Up

$270,043

Up $28,259 (+12%) from 2023

Net Assets

Up

$75,891,545

Up $8,274,874 (+12%) from 2023

Revenue

Down

$9,824,147

Down $452,430 (-4.4%) from 2023

Expenses

Up

$3,166,322

Up $373,785 (+13%) from 2023

Net Income

Down

$6,657,825

Down $826,215 (-11%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2017: $50,463,338Liabilities 2017: $123,120Net Assets 2017: $50,340,2182017Assets 2018: $52,542,610Liabilities 2018: $315,186Net Assets 2018: $52,227,4242018Assets 2019: $54,585,599Liabilities 2019: $247,893Net Assets 2019: $54,337,7062019Assets 2020: $57,697,737Liabilities 2020: $240,006Net Assets 2020: $57,457,7312020Assets 2021: $59,774,430Liabilities 2021: $328,859Net Assets 2021: $59,445,5712021Assets 2022: $60,288,280Liabilities 2022: $299,599Net Assets 2022: $59,988,6812022Assets 2023: $67,858,455Liabilities 2023: $241,784Net Assets 2023: $67,616,6712023Assets 2024: $76,161,588Liabilities 2024: $270,043Net Assets 2024: $75,891,5452024

Highlighted filing

2024

Assets$76,161,588
Liabilities$270,043
Net Assets$75,891,545

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2017: $7,104,933Expenses 2017: $3,430,895Net Income 2017: $3,674,0382017Revenue 2018: $7,649,932Expenses 2018: $5,807,573Net Income 2018: $1,842,3592018Revenue 2019: $7,868,282Expenses 2019: $5,267,534Net Income 2019: $2,600,7482019Revenue 2020: $8,531,172Expenses 2020: $5,830,831Net Income 2020: $2,700,3412020Revenue 2021: $9,250,270Expenses 2021: $6,945,563Net Income 2021: $2,304,7072021Revenue 2022: $7,340,865Expenses 2022: $3,192,669Net Income 2022: $4,148,1962022Revenue 2023: $10,276,577Expenses 2023: $2,792,537Net Income 2023: $7,484,0402023Revenue 2024: $9,824,147Expenses 2024: $3,166,322Net Income 2024: $6,657,8252024

Highlighted filing

2024

Revenue$9,824,147
Expenses$3,166,322
Net Income$6,657,825

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 1, 2025
Return Version
2023v6.0
Gross Receipts
$9,824,147
Mission and Program Overview

Mission

This Voluntary Employee Benefit Association (VEBA) provides for the payment of medical and other welfare benefits to its members or designated beneficiaries as defined in IRC Section 501c9

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$67,616,671$75,891,545▲ $8,274,874
Investments in Publicly Traded Securities$67,280,661$75,589,078▲ $8,308,417
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$67,858,455$76,161,588▲ $8,303,133
Other Assets Total$577,794$572,510▼ $5,284
Liabilities
Accounts Payable and Accrued Expenses$241,784$270,043▲ $28,259
Total Liabilities$241,784$270,043▲ $28,259
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,616,671$75,891,545▲ $8,274,874
Total Liabilities and Net Assets / Fund Balance$67,858,455$76,161,588▲ $8,303,133
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jeremy CoxTrustee$18,083$18,083

Board Members and Trustees

NameTitle
Kirt KarrosFormer Plan Committee Member
-Plan Committee Member
Dan DomenechPlan Committee Member
Kristin MajorPlan Committee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,075,875
Investment Income
$3,748,272
Other Revenue
$0
Change in Net Assets
$6,657,825

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,824,147
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,655,937
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$14,480,084
Total Revenue per Form 990
$9,824,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,083
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,148,239
Current Officers, Directors, Trustees, and Key Employees---$18,083
Total Functional Expenses$0$0$0$3,166,322

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,205,210
Expenses per Audited Statements$3,166,322
Total Expenses per Form 990$3,166,322
Expenses Not Reported on Form 990$3,038,888
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body

Form 990, Part VI, Section B, Line 11B

A designated individual in the Hewlett Packard Enterprise Financial Reporting Group reviews the Hewlett Packard Enterprise RMSA Trust's (the RMSA Trust) Form 990, Return of Organization Exempt from Income Tax, each year prior to filing. The review consists of reconciling the Hewlett Packard Enterprise Retirement Medical Savings Account Plan's (the RMSA Plan) audited financial statements to the RMSA Trust's Form 990. The RMSA Plan, as an ERISA plan, also files a Form 5500, Annual Return/Report of Employee Benefit Plan. A designated individual in the Hewlett Packard Enterprise Corporation Financial Reporting Group also reconciles the RMSA Trust's Form 990 to RMSA Plan's Form 5500, and all accompanying statements.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request. The organization does not have a written conflict of interest policy. Annual reports and financial statements are available to the public as required by ERISA and are available on the Department of Labor's EFAST 2 website.

Filing and Contact Details

Filer

Filer Name
Hewlett Packard Enterprise Rmsa Tr
EIN
47-7284432
Phone
6502367137
Address
Legal Dept 1701 East Mossy Oaks Rd, Spring, TX 77389

Signing Officer

Name
Lalit Kumar Agarwal
Title
Vice President Assistant Controller
Phone
6502583349
Signed
2025-09-01
Discuss with paid preparer
No

Organization Details

Principal Officer
Lalit Kumar Agarwal
Formed
2015
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
5500Tax Group Inc
Address
110 S Mary, Suite 2 268, Nipomo, CA 93444
Preparer
Amelia Boyd CPA
Phone
9517845316
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

Committee members do not receive any additional compensation from Hewlett Packard Enterprise for serving on the Plan Committee.

Form 990, Part XII, Line 2B

The financials for the VEBA Trust have been included or consolidated into the RMSA Plan's audited financial statements.

Financial Statement Notes

Schedule D, Part XI, Line 2D

Adjusted for $3,038,888 of Employer contributions that were not deposited into the VEBA Trust. The RMSA Plan's audited financials capture the full operations of the RMSA Plan, which includes both participant funded amounts paid/funded by this VEBA Trust and employer- funded amounts held and paid/funded from Hewlett Packard Enterprise's general assets. In an effort to more clearly capture the financials of the RMSA Trust. The RMSA Trust's Form 990 only reports on the financial activity of the VEBA Trust and excludes the RMSA Plan's financial activity that is paid/funded outside of the trust directly from Hewlett Packard Enterprise's general assets.

Schedule D, Part XII, Line 2D

Medical claim reimbursements that were not paid by the VEBA Trust but were paid from Hewlett Packard Enterprise's general assets

Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Adjusted for $3,038,888 of Employer contributions that were not deposited into the VEBA Trust. The RMSA Plan's audited financials capture the full operations of the RMSA Plan, which includes both participant funded amounts paid/funded by this VEBA Trust and employer- funded amounts held and paid/funded from Hewlett Packard Enterprise's general assets. In an effort to more clearly capture the financials of the RMSA Trust. The RMSA Trust's Form 990 only reports on the financial activity of the VEBA Trust and excludes the RMSA Plan's financial activity that is paid/funded outside of the trust directly from Hewlett Packard Enterprise's general assets.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Medical claim reimbursements that were not paid by the VEBA Trust but were paid from Hewlett Packard Enterprise's general assets
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no committees with authority to act on behalf of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A designated individual in the Hewlett Packard Enterprise Financial Reporting Group reviews the Hewlett Packard Enterprise RMSA Trust's (the RMSA Trust) Form 990, Return of Organization Exempt from Income Tax, each year prior to filing. The review consists of reconciling the Hewlett Packard Enterprise Retirement Medical Savings Account Plan's (the RMSA Plan) audited financial statements to the RMSA Trust's Form 990. The RMSA Plan, as an ERISA plan, also files a Form 5500, Annual Return/Report of Employee Benefit Plan. A designated individual in the Hewlett Packard Enterprise Corporation Financial Reporting Group also reconciles the RMSA Trust's Form 990 to RMSA Plan's Form 5500, and all accompanying statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are available upon request. The organization does not have a written conflict of interest policy. Annual reports and financial statements are available to the public as required by ERISA and are available on the Department of Labor's EFAST 2 website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Committee members do not receive any additional compensation from Hewlett Packard Enterprise for serving on the Plan Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The financials for the VEBA Trust have been included or consolidated into the RMSA Plan's audited financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2b
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Plan Committe of HPE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0473298624
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Data Processing, Hosting & Related Srv
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Hewlett Packard Enterprise
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0Legal Dept
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine2Txt01701 E Mossy Oaks Rd
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Spril
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd077389
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0Plan sponsor and related organization Hewlett Packard Enterprise acts as a paying agent, with eligible health expense reimbursements to the benefit plan participants initially charged to Hewlett Packard Enterprise's bank account. The RMSA Trust reimburses Hewlett Packard Enterprise for the RMSA Trust's share of the reimbursements, without added interest.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule R, Part V, Line 1p
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt067858455
IRS990/TotalAssetsEOYAmt076161588
IRS990/TotalAssetsGrp/BOYAmt067858455
IRS990/TotalAssetsGrp/EOYAmt076161588
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03166322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0241784
IRS990/TotalLiabilitiesEOYAmt0270043
IRS990/TotalLiabilitiesGrp/BOYAmt0241784
IRS990/TotalLiabilitiesGrp/EOYAmt0270043
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt067616671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075891545
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt06075875
IRS990/TotalReportableCompFromOrgAmt018083
IRS990/TotalRevenueGrp/ExclusionAmt03748272
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06075875
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09824147
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt067858455
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt076161588
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Legal Dept
IRS990/USAddress/AddressLine2Txt01701 East Mossy Oaks Rd
IRS990/USAddress/CityNm0Spring
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077389
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0Form 8868, Application for Extension of Time to File an Exempt Organization Return was timely filed.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Lalit Kumar Agarwal
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President Assistant Controller
ReturnHeader/BusinessOfficerGrp/PhoneNum06502583349
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEWLETT PACKARD ENTERPRISE RMSA TR
ReturnHeader/Filer/BusinessNameControlTxt0HEWL
ReturnHeader/Filer/EIN0477284432
ReturnHeader/Filer/PhoneNum06502367137
ReturnHeader/Filer/USAddress/AddressLine1Txt0Legal Dept 1701 East Mossy Oaks Rd
ReturnHeader/Filer/USAddress/CityNm0Spring
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077389
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202116576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt05500Tax Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 S Mary
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite 2 268
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nipomo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093444
ReturnHeader/PreparerPersonGrp/PhoneNum09517845316
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amelia Boyd CPA
ReturnHeader/ReturnTs02025-09-09T15:11:11-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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