The Mathworks, Inc.
Overview
The Mathworks, Inc. sponsors a self-funded health plan that covered 6,595 participants in plan year 2025, down 2% from 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
- 6,595 · prior year 6,735
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The Mathworks, Inc. Welfare Benefit Plan, plan 501 (6,595 participants)
- Broker compensation
- $89K 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts, Inc. | Dental | 7,480 | $4.2M | — |
| Prudential Insurance Company of America | Life, Long-term disability | 3,723 | $2.2M | $38K |
| Eyemed Vision Care on Behalf of Combined Insurance Company of America | Vision | 4,252 | $306K | $33K |
| Ace American Insurance Company | Business Travel Accident | 6,502 | $189K | $19K |
| ComPsych Corporation | Employee Assistance Program | 3,726 | $60K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 6,595 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
- The Mathworks, Inc.
- Sponsor EIN
- 94-2960235
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 94-2960235 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Mathworks 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 5,122
About this data
Source: The Mathworks, Inc.'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 The Mathworks, Inc..