Form 5500 · Employee benefit plan · WALTHAM, MA
ALKERMES INC.
ALKERMES INC. of WALTHAM, MA is a 1,707-participant professional services employer — a large group whose insured benefits are disclosed on Schedule A of its Form 5500. Its broker of record is SEGAL COMPANY - EASTERN STATES. Coverage is written through BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. and 4 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-2472830 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 6 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC., covers 4,274 people.
Reported premium across the insured contracts is $40,079,580, with $308,463 in disclosed broker commissions — about 0.8% of premium.
The health contract's policy period ended in December, while at least one ancillary line renews in April — the plan is on a split renewal cycle.
SEGAL COMPANY - EASTERN STATES is the broker of record on 1 of the 6 contracts; the rest name a different broker or none.
5 carriers appear on the filing — BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC., STANDARD INSURANCE COMPANY, VISION SERVICE PLAN and ACE AMERICAN INSURANCE COMPANY among them — with BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. | Health | 4,274 | December | $37,715,826 | $308,463 |
| ACE AMERICAN INSURANCE COMPANY | — | 1,849 | April | $75,042 | $0 |
| DELTA DENTAL OF MASSACHUSETTS | Dental | 4,340 | December | — | $0 |
| STANDARD INSURANCE COMPANY | Disability | 1,622 | December | $771,070 | $0 |
| STANDARD INSURANCE COMPANY | Life | 1,622 | December | $1,184,451 | $0 |
| VISION SERVICE PLAN | Vision | 1,248 | December | $333,191 | $0 |
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