Marsh and Mclennan Agency LLC

Dallas, TX Finance & insuranceNAICS 524210

Self-funded health planPlan year 2025Renews January
8,479ParticipantsPrior year not comparable
$20.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 38Finance & insurance in TXBy participants

Overview

Marsh and Mclennan Agency LLC sponsors a self-funded health plan that covered 8,479 participants in plan year 2025. 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
8,479 · prior year 4,083
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Marsh and Mclennan Agency LLC Employee Benefits Plan, plan 510 (8,479 participants); Marsh & Mclennan Agency LLC Midwest Health and Welfare Plan, plan 501 (1,064 participants); Mma-Fl Employee Benefits Plan, plan 507 (713 participants); The Horton Group, a Marsh & Mclennan Agency LLC Health and Welfare Benefit Plan, plan 610 (383 participants)
Stop-loss carrier
Tokio Marine
Broker compensation
$1.9M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield Healthcare Plan of Georgia, Inc.Medical, Dental, Vision1,912$15.7M$89K
Blue Cross Blue Shield of South CarolinaMedical, Prescription drug, PPO839$12.9M—
Medica Insurance CompanyMedical1,530$11.2M$121
Aetna Life Insurance CompanyMedical, Prescription drug, PPO771$9.3M—
Hartford Life and AccidentLife, Short-term disability, Long-term disability, AD&D5,693$7.4M$152K
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability, Dental, Vision, Critical Illness, Accident, Hospital7,791$6.1M$66K
Aetna Health of California Inc.Medical, Prescription drug, HMO691$6.0M—
Independence Blue Cross - MEDMedical, PPO315$4.4M$188K
Blue Cross Blue Shield of Massachusetts, Inc.Medical, Prescription drug569$4.2M$88K
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO586$4.1M—
Unum Life Insurance Company of AmericaCritical Illness (gciee), Accident (grpa, Long Term Care, Life, Short-term disability, Long-term disability, Group Long Term Care1,575$3.2M$405K
Sanford Health PlanMedical625$3.2M—

Pharmacy benefit estimate

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

$20.1M/ year

Estimated prescription spend: 8,479 participants × $2,371 national average per member. Usually higher once dependents are counted.

$523K–$1.3M/ year

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

Brands with a generic available$153K–$382K
Lower-cost therapeutic alternatives$223K–$466K
Generic pricing vs. actual cost$96K–$289K
PBM contract terms$50K–$151K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Marsh and Mclennan Agency LLC
Sponsor EIN
26-3237576
Plan numbers
510, 501, 507, 610
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3237576 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Marsh and Mclennan Agency 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 Marsh and Mclennan Agency LLC.

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