Waste Management, Inc.
Overview
Waste Management, Inc. sponsors a self-funded health plan that covered 47,166 participants in plan year 2025, up 19% from the prior year. 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
- 47,166 · prior year 39,509
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Waste Management Health and Welfare Benefits Plan, plan 516 (47,166 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company and Affiliates
- Broker compensation
- $5K 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 | 112,471 | $21.1M | $5K |
| Kaiser Foundation Health Plan Inc. | Medical, HMO | 1,298 | $14.9M | — |
| Life Insurance Company of North America | Statutory Disability, Long-term disability | 38,557 | $12.3M | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 71,664 | $4.1M | — |
| Cigna Health and Life Insurance Company and Affiliates | Stop-loss | 11,626 | $2.9M | — |
| UnitedHealthcare Insurance Company | Critical Illness, Medical | 31,580 | $2.3M | — |
| Kaiser Foundation Health Plan of Washington | Medical, HMO | 101 | $1.5M | — |
| New York Life Group Insurance Company of NY | Statutory Disability | 1,201 | $509K | — |
| Kaiser Foundation Health Plan of Hawaii | Medical, HMO | 25 | $156K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 47,166 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
- Waste Management, Inc.
- Sponsor EIN
- 73-1309529
- Plan number
- 516
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 73-1309529 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Waste Management Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 47,129
About this data
Source: Waste Management, 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 Waste Management, Inc..