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Sponsor portfolioWelfare / HealthEIN 13-4080466

MACKAY SHIELDS LLC

299 PARK AVENUE · NEW YORK, NY 10171
2122303817
Plans filed
2
Years active
2015–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$8.1M
No prior year
Persons covered
319
No prior year
Total participants
172
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$8.1M
MACKAY SHIELDS HEALTH AND WELFARE PLAN
Fully insured319 covered·2 carriers
Primary: NIPPON LIFE INSURANCE COMPANY OF AMERICA
Plan #502$0
MACKAY SHIELDS EMPLOYEE ASSISTANCE PROGRAM
Unknown0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$7.9M32.9%
Dental$7.9M32.9%
Vision$7.9M32.9%
Other$108K0.5%
Life$93K0.4%
Long-term disability$58K0.2%
Short-term disability$55K0.2%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
NIPPON LIFE INSURANCE COMPANY OF AMERICA
EIN 042509896
HDV
$7.9M97.3%11319
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK
EIN 132556568
LSTDLTDOth
$221K2.7%14166

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
ROBERT H PETROCELLISUNRISE, FLNEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK$11K$0$11K52.1%1
PILOT BENEFITS GROUP LLCMELVILLE, NYNIPPON LIFE INSURANCE COMPANY OF AMERICA$8K$0$8K35.5%1
NFP INSURANCE SERVICES INCNEW YORK, NCNIPPON LIFE INSURANCE COMPANY OF AMERICA$3K$0$3K12.4%1

History & trajectory

11 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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