Massachusetts Mutual Life Insurance Company
Overview
Massachusetts Mutual Life Insurance Company sponsors a self-funded health plan that covered 7,352 participants in plan year 2025, down 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 7,352 · prior year 7,581
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Massmutual Employee Welfare Benefits Plan, plan 503 (7,352 participants); Massmutual Retired Employee Welfare Benefits Plan, plan 545 (2,675 participants); Massmutual Retired Agents' Welfare Benefits Plan, plan 546 (1,750 participants)
- Broker compensation
- $325K 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 | 15,597 | $11.2M | $174K |
| Lincoln National Life Insurance Company | Long-term disability, Short-term disability | 8,066 | $4.7M | $75K |
| Massachusetts Mutual Life Insurance Company | Life | 1,397 | $1.5M | $4K |
| Eyemed | Vision | 14,267 | $874K | — |
| MCS Life Insurance Company | Medical, Dental, Life | 30 | $551K | $27K |
| Eyemed Vision Care | Vision | 7,331 | $445K | — |
| Metropolitan General Insurance Company | Medical | 994 | $214K | $45K |
| Cigna Health and Life Insurance Company | Medical | 1,395 | $10K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 7,352 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
- Massachusetts Mutual Life Insurance Company
- Sponsor EIN
- 04-1590850
- Plan numbers
- 503, 545, 546
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-1590850 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Massmutual Thrift Plan
- Type
- 401(k) plan
- Participants
- 22,609
About this data
Source: Massachusetts Mutual Life Insurance Company'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 Massachusetts Mutual Life Insurance Company.