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Sponsor portfolioWelfare / HealthEIN 56-0906609

BANK OF AMERICA CORPORATION

401 N. TRYON STREET, NC1-021-08-03 · CHARLOTTE, NC 28255
8005566044
Plans filed
2
Years active
2015–2025
Industry
NAICS 55
Latest filing
2025
Total premiums (latest)
$543.5M
No prior year
Persons covered
303,007
No prior year
Total participants
229,904
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$480.4M
BANK OF AMERICA GROUP BENEFITS PROGRAM
Mixed259,579 covered·16 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #502$63.1M
BANK OF AMERICA RETIREE GROUP BENEFITS PROGRAM
Fully insured43,428 covered·16 carriers
Primary: SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC.

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Dental$187.9M22.3%
Health$159.4M18.9%
Other$148.5M17.6%
Life$138.0M16.4%
Prescription drug$121.4M14.4%
Long-term disability$52.5M6.2%
Vision$34.2M4.1%

Carrier overview

9 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
HDLLTDOth
$360.6M66.4%27296,742
KAISER FOUNDATION HEALTH PLAN INC
EIN 581592076
HRxLTD
$120.0M22.1%2149,805
AETNA LIFE INSURANCE COMPANY
EIN 760189680
HDV
$33.0M6.1%24277,325
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 940734860
HRxV
$24.7M4.5%2317,533
BLUE CROSS OF CALIFORNIA
EIN 990040115
HRxDOth
$3.1M0.6%13168
HEALTH NET
EIN 954402957
HV
$1.2M0.2%22193
TUFTS ASSOCIATED HEALTH MAINTENANCE ORG., INC.
EIN 042674079
H
$646K0.1%11141
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA
EIN 250687550
Oth
$220K0.0%11213,207
HUMANA INSURANCE COMPANY
EIN 611103898
H
$59K0.0%1613

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
WILLIS TOWERS WATSON US LLCNEW YORK, NYMETLIFE LEGAL PLANS, METROPOLITAN LIFE INSURANCE COMPANY$720K-$17K$702K51.4%1
MARSH & MCLENNAN AGENCY LLCBOSTON, MAMETROPOLITAN LIFE INSURANCE COMPANY$0$400K$400K29.3%2
ALIGHT SOLUTIONSCHICAGO, ILMETROPOLITAN LIFE INSURANCE COMPANY$0$263K$263K19.2%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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