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Sponsor portfolioWelfare / HealthEIN 06-1119960
ERICSSON INC.
ATTN BENEFITS DEPARTMENT · PLANO, TX 75024
9725830000
- Plans filed
- 3
- Years active
- 2015–2024
- Industry
- NAICS 51
- Latest filing
- 2024
Total premiums (latest)
$10.9M
No prior year
Persons covered
10,437
No prior year
Total participants
12,152
No prior year
Plans filed
3
No prior year
Plans under this sponsor
3 plans
Plan #514$9.5M
ERICSSON E-CARE BENEFITS PLAN
Mixed9,276 covered·4 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #530$1.4M
ERICSSON INC. MEDICAL AND LIFE INSURANCE PLAN FOR RETIREES
Fully insured1,161 covered·1 carrier
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #517$0
ERICSSON SEVERANCE PLAN
Self-funded0 covered·0 carriers
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Other | $6.5M | 41.0% | |
| Life | $6.2M | 39.6% | |
| Long-term disability | $1.6M | 10.4% | |
| Vision | $1.3M | 8.2% | |
| Short-term disability | $70K | 0.4% | |
| Health | $47K | 0.3% | |
| Prescription drug | $19K | 0.1% |
Carrier overview
4 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 135581829 | LOth | $7.9M | 72.1% | 2 | 8 | 10,437 |
EIN 221211670 | STDLTD | $1.7M | 15.6% | 1 | 2 | 4,245 |
EIN 061227840 | V | $1.3M | 11.9% | 1 | 1 | 3,624 |
EIN 990040115 | HRx | $47K | 0.4% | 1 | 2 | 3 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NEW YORK, NY | METROPOLITAN LIFE INSURANCE COMPANY | $365K | $34K | $400K | 52.8% | 1 |
| SEDGWICK CLAIMS MANAGEMENT SERVICES | MEMPHIS, TN | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $0 | $273K | $273K | 36.1% | 1 |
| MERCER HEALTH AND BENEFITS, LLC | CHICAGO, IL | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $84K | $84K | 11.2% | 2 |
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