Masterbrand, Inc.
Overview
Masterbrand, Inc. sponsors a self-funded health plan that covered 8,322 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 8,322
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Masterbrand, Inc. Consolidated Health and Welfare Plan, plan 501 (8,322 participants)
- Broker compensation
- $82K 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of America | Long-term disability, Life | 8,429 | $2.3M | $82K |
| Vision Service Plan | Vision | 5,190 | $867K | — |
| National Union Fire Ins. Co. of Pittsburgh | Business Travel Accident | 8,946 | $14K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 8,322 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 2024
- Plan sponsor
- Masterbrand, Inc.
- Sponsor EIN
- 88-3479920
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 88-3479920 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Masterbrand, Inc. Retirement Savings Plan
- Type
- Defined contribution plan
- Participants
- 9,051
About this data
Source: Masterbrand, Inc.'s Form 5500 filing for plan year 2024 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 Masterbrand, Inc..