Metropolitan Security Services, Inc. DBA Walden Security
Overview
Metropolitan Security Services, Inc. DBA Walden Security sponsors a self-funded health plan that covered 631 participants in plan year 2024. The plan year starts in April. 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
- 631
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- Metropolitan Security Services, Inc. Health and Welfare Plan, plan 502 (631 participants)
- Stop-loss carrier
- Pan-American Life Insurance Company
- Broker compensation
- $496K 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 |
|---|---|---|---|---|
| Aetna Life Insurance Company | Medical, Prescription drug | 1,145 | $2.3M | $239K |
| Bluecross Blueshield of Tennessee | Medical, Dental, Vision | 800 | $1.6M | $109K |
| Metropolitan Life Insurance Company | Dental, Vision, Life, Short-term disability | 1,906 | $599K | $43K |
| United of Omaha Life Insurance Company | Long-term disability, Life, Short-term disability, Critical Illness Voluntary, Accident | 439 | $291K | $53K |
| Guardian Life Insurance Company of America | Life, Short-term disability | 527 | $215K | $46K |
| Transamerica Life Insurance Company | Dental, Vision, Life, Short-term disability | 1,060 | $67K | $7K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 631 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
- Metropolitan Security Services, Inc. DBA Walden Security
- Sponsor EIN
- 62-1448519
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 62-1448519 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Walden Security Federal Services Retirement Plan
- Type
- 401(k) plan
- Participants
- 6,348
About this data
Source: Metropolitan Security Services, Inc. DBA Walden Security'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 Metropolitan Security Services, Inc. DBA Walden Security.