Massachusetts Institute of Technologybenefits
Health and Welfare Plan for Employees of Mit · CAMBRIDGE, MA · plan year 2025
Massachusetts Institute of Technology's benefits plans covered 14,216 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $30,835. Insurance brokers and agents were paid $110,381 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 358.0% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.6% from $105,483 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042103594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.