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  1. Companies/
  2. BIOGEN INC.
Sponsor portfolioTH

BIOGEN INC.

EIN 33-0112644-biotechnology-Latest filing 2024
Plans
3
Retirement
1
$2.16B assets
Welfare
2
$8.0M premiums
Participants
16,542
225 BINNEY STREET - CAMBRIDGE, MA 02142617-679-2000biogen.comLinkedIn5001-10000 employeesbiotechnology
Plans on this EIN
3 filings
#001401k-$2.16B - 7,813 part#501Mixed-$8.0M - 4,442 lives#520Self Funded-0 lives

Benefits portfolio analytics

2 plans / $8.0M premiums / 4,442 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$3.6M
  • Long-term disability$2.8M
  • Vision$1.3M
  • Health$150K
  • Dental$150K
  • Other$117K
Total $8.0M6 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
45%top
  • SECURIAN LIFE INSURANCE COMPANY45%
  • HARTFORD LIFE AND ACCIDENT35%
  • VISION SERVICE PLAN17%
  • FOUR EVER LIFE INSURANCE COMPANY2%
  • UNIMERICA INSURANCE COMPANY1%
  • +1 more
Total $8.0M6 slices

Broker market share

Schedule A broker compensation

Split broker
99%top
  • WILLIS TOWERS WATSON US LLC99%
  • INDIGO INSURANCE SERVICES1%
Total $419K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

BIOGEN 401(K) SAVINGS PLAN

401k

Assets$2.16B
Participants7,813
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

BIOGEN HEALTH AND WELFARE BENEFIT PLAN

Mixed - HARTFORD LIFE AND ACCIDENT

Premiums$8.0M
Covered lives4,442
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#520

U.S. CHANGE IN CONTROL SEVERANCE PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001BIOGEN 401(K) SAVINGS PLAN401k$2.16B7,8132024

Welfare plans2

Plan #NameFundingCarrierPremiumsCoveredLatest year
501BIOGEN HEALTH AND WELFARE BENEFIT PLANMixedHARTFORD LIFE AND ACCIDENT$8.0M4,4422024
520U.S. CHANGE IN CONTROL SEVERANCE PLANSelf Funded-$002024
Retirement plans
Welfare plans
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