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Sponsor portfolioWelfare / HealthEIN 23-0691590

THE HERSHEY COMPANY

19 EAST CHOCOLATE AVE. · HERSHEY, PA 17033
7175344000
Plans filed
7
Years active
2015–2024
Industry
NAICS 31
Latest filing
2024
Total premiums (latest)
$14.5M
No prior year
Persons covered
30,506
No prior year
Total participants
46,145
No prior year
Plans filed
7
No prior year

Plans under this sponsor

7 plans
Plan #506$13.3M
THE HERSHEY COMPANY HEALTH AND WELFARE PLAN FOR ACTIVE AND INACTIVE EMPLOYEES
Mixed20,098 covered·3 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #550$1.1M
THE HERSHEY COMPANY RETIREE MEDICAL AND LIFE INSURANCE PLAN
Fully insured10,408 covered·2 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #502$28K
THE HERSHEY COMPANY BLANKET TRAVEL ACCIDENT PLAN
Fully insured14,377 covered·1 carrier
Primary: AIG
Plan #010$0
THE HERSHEY COMPANY 401(K) PLAN
Self-funded0 covered·0 carriers
Plan #523$0
THE HERSHEY COMPANY SEVERANCE PLAN
Self-funded0 covered·0 carriers
Plan #549$0
THE HERSHEY COMPANY 2017-2019 VOLUNTARY SEPARATION PLAN FOR THE WEST HERSHEY PLANT
Self-funded0 covered·0 carriers
Plan #546$0
THE HERSHEY COMPANY 2015 VOLUNTARY SEPARATION PROGRAM
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Life$14.0M25.7%
Other$13.2M24.3%
Short-term disability$13.2M24.3%
Long-term disability$13.2M24.3%
Health$343K0.6%
Prescription drug$343K0.6%
Dental$123K0.2%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
LSTDLTDOth
$14.0M96.6%2223,655
BLUE CROSS OF CALIFORNIA
EIN 231294723
HRx
$343K2.4%1199
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
DOth
$130K0.9%128
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA
EIN 250687550
Oth
$22K0.2%1120,098

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
WILLIS TOWERS WATSON US LLCNEW YORK, NYCIGNA HEALTH AND LIFE INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY$193K$227K$420K99.0%2
AON CONSULTING INCNEW YORK, NYNATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA$4K$0$4K1.0%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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