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Sponsor portfolio

MAGIC LEAP, INC.

EIN 45-3243237-consumer electronics-Latest filing 2024
Plans
2
Retirement
1
$183.9M assets
Welfare
1
$1.6M premiums
Participants
2,409
7500 WEST SUNRISE BLVD - PLANTATION, FL 33313916-582-9243magicleap.comLinkedIn1001-5000 employeesconsumer electronics
Plans on this EIN
2 filings
#001401k-$183.9M - 1,458 part#501Mixed-$1.6M - 2,018 lives

Benefits portfolio analytics

1 plan / $1.6M premiums / 2,018 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$645K
  • Other$475K
  • Life$445K
  • Prescription drug$393K
  • Vision$234K
Total $1.6M5 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
39%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY39%
  • LIFE INSURANCE COMPANY OF NORTH AMERICA33%
  • KAISER FOUNDATION HEALTH PLAN INC25%
  • ARAG INSURANCE COMPANY3%
Total $1.6M4 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • MERCER HEALTH AND BENEFITS, LLC100%
Total $134K1 slice

Plan deep-dives

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

MAGIC LEAP INC. 401(K) PLAN

401k

Assets$183.9M
Participants1,458
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

MAGIC LEAP, INC. HEALTH AND WELFARE BENEFITS PLAN

Mixed - LIFE INSURANCE COMPANY OF NORTH AMERICA

Premiums$1.6M
Covered lives2,018
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001MAGIC LEAP INC. 401(K) PLAN401k$183.9M1,4582024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501MAGIC LEAP, INC. HEALTH AND WELFARE BENEFITS PLANMixedLIFE INSURANCE COMPANY OF NORTH AMERICA$1.6M2,0182024
Retirement plans
Welfare plans
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