FMR LLC
Overview
FMR LLC sponsors a self-funded health plan that covered 74,376 participants in plan year 2025, up 7% from 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
- 74,376 · prior year 69,345
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Fidelity Retiree Health Account Plan, plan 561 (74,376 participants); Fidelity Group Employees Medical, Dental and Cafeteria Plan, plan 506 (71,048 participants); Fidelity 2021 Voluntary Buyout Opportunity Plan, plan 581 (1,099 participants); Fidelity 2017 Voluntary Buyout Opportunity Plan, plan 580 (237 participants)
- Broker compensation
- $4.2M 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life | 204,150 | $42.4M | $241K |
| Prudential Insurance Company of America | Short-term disability, Long-term disability | 70,626 | $18.8M | — |
| Metropolitan General Insurance Company | Legal | 14,323 | $3.5M | $516K |
| John Hancock Life Insurance Company | Group Long-Term Care Insurance | 1,629 | $2.4M | — |
| Prudential Insurance Comapny of America | Short-term disability | 1,560 | $535K | $3.4M |
| Ace American Insurance Company | Accidental Death and Dismemberment | 71,048 | $60K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 74,376 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
- FMR LLC
- Sponsor EIN
- 04-3532603
- Plan numbers
- 561, 506, 581, 580
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-3532603 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Fidelity Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 97,360
About this data
Source: FMR LLC'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 FMR LLC.