Mayer Brown LLP

Chicago, IL Professional servicesNAICS 541110

Self-funded health planPlan year 2025Renews January
2,365Participants+1% vs. prior year
$5.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 44Professional services in ILBy participants

Overview

Mayer Brown LLP sponsors a self-funded health plan that covered 2,365 participants in plan year 2025, about the same as the prior year. 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
2,365 · prior year 2,345
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mayer Brown LLP Health and Welfare Benefits Plan, plan 501 (2,365 participants)
Broker compensation
$486K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLong-term disability2,081$4.0M$159K
Metropolitan Life Insurance CompanyDental2,690$2.0M$1K
Prudential Insurance Company of AmericaLife1,874$1.5M$104K
Provident Life and Accident Insurance CompanyLong-term disability408$1.1M$171K
Vision Service PlanVision1,375$323K—
Provident Life and Casualty Insurance CompanyLong-term disability99$260K$43K
Cigna Health and Life Insurance Company and AffiliatesDental263$80K—
Ace American Insurance CompanyAccidental Death and Dismemberment, Busi2,144$41K$8K

Pharmacy benefit estimate

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

$5.6M/ year

Estimated prescription spend: 2,365 participants × $2,371 national average per member. Usually higher once dependents are counted.

$146K–$359K/ year

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

Brands with a generic available$43K–$107K
Lower-cost therapeutic alternatives$62K–$130K
Generic pricing vs. actual cost$27K–$81K
PBM contract terms$14K–$42K
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
Mayer Brown LLP
Sponsor EIN
36-1447220
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-1447220 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mayer Brown LLP USA Savings Plan
Type
401(k) plan
Participants
3,498

About this data

Source: Mayer Brown LLP'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 Mayer Brown LLP.

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