New England Life Insurance Company
Overview
New England Life Insurance Company sponsors a self-funded health plan that covered 763 participants in plan year 2025, down 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 763 · prior year 789
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The New England Health & Well Being for the Field Force, plan 502 (763 participants)
- Broker compensation
- $48 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 | Life, Dental | 993 | $1.6M | $48 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 763 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
- New England Life Insurance Company
- Sponsor EIN
- 04-2708937
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-2708937 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- New England Agency Employees' Retirement Plan
- Type
- Pension plan
- Participants
- 1,981
About this data
Source: New England Life Insurance Company'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 New England Life Insurance Company.