MRA Systems, LLC
Overview
MRA Systems, LLC sponsors a self-funded health plan that covered 975 participants in plan year 2024. 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
- 975
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- MRA Systems, LLC Health and Welfare Plan, plan 501 (975 participants); MRA Systems, LLC Retiree Medical, plan 502 (301 participants)
- Broker compensation
- $64K 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 | Dental, Life, Long-term disability, Accident, Critical Illness | 1,692 | $1.4M | $63K |
| Eyemed Vision Care | Vision | 1,292 | $117K | — |
| Life Insurance Company of North America | Life | 311 | $2K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 975 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
- MRA Systems, LLC
- Sponsor EIN
- 52-2063267
- Plan numbers
- 501, 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 52-2063267 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Middle River Aerostructure Systems Hourly Savings Plan
- Type
- 401(k) plan
- Participants
- 1,014
About this data
Source: MRA Systems, LLC'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 MRA Systems, LLC.