Mastec, Inc.
Overview
Mastec, Inc. sponsors a self-funded health plan that covered 23,974 participants in plan year 2025, up 4% 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
- 23,974 · prior year 23,002
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Mastec, Inc. Care Opt Plus GRP BEN Plan for Hourly & Salaried Employees, plan 501 (23,974 participants)
- Broker compensation
- $2.1M 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 |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Long-term disability | 23,973 | $9.6M | $689K |
| Blue Cross Blue Shield of Florida | Medical, Prescription drug | 104 | $1.6M | $62K |
| American Family Life Assurance Company of Columbus | Vision | 16,710 | $1.5M | $148K |
| Continental American Insurance Company | Accident, Critical Illness, Hospital | 5,675 | $967K | $809K |
| Delta Dental Insurance Company | Dental | 3,269 | $723K | $32K |
| Standard Insurance Company | Long-term disability | 258 | $617K | $187K |
| Legal Club | Legal | 2,192 | $365K | $120K |
| ComPsych Corporation | Employee Assistance Program | 23,856 | $258K | — |
| Preferred Legal Plan | Legal | 376 | $44K | $8K |
| Hartford Life and Accident | Life, Short-term disability | 147 | $38K | $5K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 162 | $12K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 23,974 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
- Mastec, Inc.
- Sponsor EIN
- 65-0829355
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 65-0829355 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Mastec, Inc. 401k Retirement Plan
- Type
- 401(k) plan
- Participants
- 29,923
About this data
Source: Mastec, Inc.'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 Mastec, Inc..