Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
UMASS MEMORIAL HEALTH CARE, INC.
EIN 04-3358566hospital & health careLatest filing 2024
Plans
4
Retirement
3
$3.31B assets
Welfare
1
$14.2M premiums
Participants
52,684
WBC 67 MILLBROOK STREET, NORTH BUILDING, 1ST FLOOR - WORCESTER, MA 01606508-334-8511ummhealth.orgLinkedIn10001+ employeeshospital & health care
Retirement portfolio analytics
3 plans aggregated / $3.31B assets / 37,598 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
63%top
- (Not disclosed)63%
- CROWE LLP37%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $14.2M premiums / 21,846 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Long-term disability$4.6M
- Short-term disability$4.0M
- Life$3.5M
- Other$1.1M
- Vision$986K
Carrier market share
Premium dollars by Schedule A carrier
83%top
- RELIANCE STANDARD LIFE INSURANCE COMPANY83%
- EYEMED VISION CARE7%
- METROPOLITAN LIFE INSURANCE COMPANY4%
- UNUM LIFE INSURANCE COMPANY OF AMERICA3%
- UNITEDHEALTHCARE INSURANCE COMPANY3%
Broker market share
Schedule A broker compensation
77%top
- AON CONSULTING INC77%
- K N & A INC.14%
- MHA INSURANCE AGENCY9%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#003
UMASS MEMORIAL HEALTH CARE 401(K) PLAN
401k
Assets$1.43B
Participants17,359
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005
UMASS MEMORIAL HEALTH CARE PENSION PLAN
TraditionalDB
Assets$1.24B
Participants13,636
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
UMASS MEMORIAL HEALTH CARE 403(B) PLAN
403b
Assets$649.7M
Participants6,603
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
UMASS MEMORIAL HEALTHCARE GROUP WELFARE BENEFIT PLAN
Mixed - RELIANCE STANDARD LIFE INSURANCE COMPANY
Premiums$14.2M
Covered lives21,846
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 003 | UMASS MEMORIAL HEALTH CARE 401(K) PLAN | 401k | $1.43B | 17,359 | 2024 | |
| 005 | UMASS MEMORIAL HEALTH CARE PENSION PLAN | TraditionalDB | $1.24B | 13,636 | 2024 | |
| 004 | UMASS MEMORIAL HEALTH CARE 403(B) PLAN | 403b | $649.7M | 6,603 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | UMASS MEMORIAL HEALTHCARE GROUP WELFARE BENEFIT PLAN | Mixed | RELIANCE STANDARD LIFE INSURANCE COMPANY | $14.2M | 21,846 | 2024 |
Retirement plans
Welfare plans