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Sponsor portfolioWelfare / HealthEIN 04-2272148

TERADYNE, INC. & SUBSIDIARIES

MS 700 2 1 · NORTH READING, MA 01864
9783702700
Plans filed
2
Years active
2015–2024
Industry
NAICS 33
Latest filing
2024
Total premiums (latest)
$6.1M
No prior year
Persons covered
8,698
No prior year
Total participants
6,107
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #540$6.1M
TERADYNE CORPORATE HEALTH & WELFARE BENEFIT PLAN
Mixed8,698 covered·5 carriers
Primary: KAISER FOUNDATION HEALTH PLAN, INC.
Plan #001$0
TERADYNE, INC. SAVINGS PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$3.2M28.2%
Prescription drug$3.2M28.2%
Other$2.2M19.6%
Life$2.0M18.0%
Long-term disability$501K4.4%
Short-term disability$179K1.6%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
KAISER FOUNDATION HEALTH PLAN INC
EIN 941340523
HRx
$3.2M52.4%12287
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
EIN 350472300
LLTDOth
$2.5M41.7%123,632
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
STDOth
$305K5.0%12493
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA
EIN 250687550
Oth
$54K0.9%128,698

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MERCER HEALTH AND BENEFITS, LLCCHICAGO, ILLINCOLN NATIONAL LIFE INSURANCE COMPANY, NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA, METROPOLITAN LIFE INSURANCE COMPANY, METLIFE LEGAL PLANS$157K$34K$191K98.0%1
BENEFITFOCUS.COM, INC.DALLAS, TXMETLIFE LEGAL PLANS$0$2K$2K1.0%1
MARSH & MCLENNAN AGENCY LLCNEW YORK, NYMETROPOLITAN LIFE INSURANCE COMPANY$2K$0$2K0.9%1

History & trajectory

10 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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