Several irrelevant and insignificant considerations in the original question. Ultra is an up to 15k mile fci rated filter, period. A 5k mi fci means the Ultra is highly underutilized for it's rated fci, meaning ROI is poor.
Beyond that the Ultra would be warranted for the vehicle manufacturers recommended oci/fci. In the case of Honda it would be two MM oci's before needing replacement. However even if run one MM oci, in the year max Honda oci time frame, would under normal usage take it to 6+k oci/fci. Even at that the Ultra is still underutilized.
As for the "plastic bypass" , if you have to ask the question about the reliability of the bypass over the course of any 5k fci, you shouldn't use an Ultra. Fyi, same bypass design/material used in all Fram made filter bypasses including the Honda A02 recommended for two ocis. The bypass is a nylon material and it's reliability is not the slightest concern.
Bottom line, for a 5k oci lots of quality silicone adbv oil filters for less money that will easily handle that interval.