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Original filing (PDF)20251006144137NAL0002155107001
MARSH & MCLENNAN COMPANIES, INC.
Form 5500
FILING_RECEIVED
MARSH & MCLENNAN COMPANIES, INC. HEALTH & WELFARE BENEFITS PROGRAM
Health & welfare plan
Signals · 4
43% in single holding~751 bps in Sched C feesNo recordkeeper disclosed10 service providers
Active participants
18,834
Accounts w/ balance
—
Plan assets (EOY)
$154.8M
Net assets (EOY)
$153.7M
How this plan invests
This plan
6 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
79
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Blackrock Liquidity T Fund Inst. Money Market Mutual Funds" is 43% of plan.
- 751 bps in Schedule C fees — 7408% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MARSH & MCLENNAN COMPANIES, INC..
Plan sponsor
Name
MARSH & MCLENNAN COMPANIES, INC.
EIN
36-2668272
Address
1166 AVE OF THE AMERICAS, 31ST FLR · NEW YORK, NY · 100362708
Phone
(212) 345-5000
Industry
Insurance Agencies & Brokerages· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-06
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4H · Long-Term Disability
4Q · Other
Audit & trust (Schedule H)
Auditor
DELOITTE & TOUCHE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsOther
10| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | 23-7391136 | — | NONE | $5.1M | — |
| AETNA | 06-6033492 | — | NONE | $4.5M | — |
| METROPOLITAN LIFE | 13-5581829 | — | NONE | $448K | — |
| CVS CAREMARK | — | WOONSOCKET, RI | NONE | $376K | — |
| SUREST, A UNITEDHEALTHCARE COMPANY | — | MINNETONKA, MN | NONE | $337K | — |
| RX SAVINGS SOLUTION | — | OVERLAND PARK, KS | NONE | $287K | — |
| THE HARTFORD | 06-0974148 | — | NONE | $273K | — |
| DELOITTE & TOUCHE LLP | 13-3891517 | — | NONE | $198K | — |
| BNY MELLON CORPORATION | — | NEW YORK, NY | NONE | $84K | — |
| TRION GROUP | — | KING OF PRUSSIA, PA | AFFILIATE OF PLAN SPONSOR | $67K | — |
Investments
6 direct securities· $141.0M(91% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Blackrock Liquidity T Fund Inst. Money Market Mutual Funds | — | — | $60.2M | $60.2M | 38.9% | |
| Putnam Equity Income Fund Mutual Funds | — | — | $20.3M | $33.5M | 21.6% | |
| George Putnam Balanced Fund Mutual Funds | — | — | $17.3M | $25.2M | 16.3% | |
| Putnam Mortgage Securities Mutual Funds | — | — | $32.2M | $21.1M | 13.6% | |
| MetLife Life Insurance Funding Account Short Term Investment Fund | — | — | $998K | $998K | 0.6% | |
| Morgan Stanley Institutional Liquid Treasury Fund Money Market Mutual Funds | — | — | $3K | $3K | <0.1% |