BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Takeda Pharmaceuticals U.S.A.,inc.

Wholesale trade · Cambridge, Massachusetts · EIN ending 3710

Updated Filing received by DOL

Takeda Pharmaceuticals U.S.A.,inc., a wholesale trade employer in Cambridge, Massachusetts, reported 18,232 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $91,727 in insurance premiums across 28 contracts and $89,993 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 7, 2025, within the extension window.

Participants
18,232
−0.3% vs 2023
Premiums filed
$91,727
−8.3% vs 2023
Broker commissions + fees
$89,993
−9.8% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Takeda Pharmaceuticals U.S.A.,inc.'s plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Takeda Pharmaceuticals U.S.A.,inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Aon · Chicago, IL$89,993$0$89,9933

Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.

Insurance contracts and carriers

The 24 largest of 28 contracts reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.

Carrier · coverageCoveredPremiumBroker payRate
MCS Life Insurance Companyhealth, dental, vision, life, prescription drug, PPO7$91,727——
Vision Service Planvision15,565———
Cigna Health and Life Insurance Companydental, indemnity1,840———
Kaiser Foundation Health Plan of Coloradohealth41———
Kaiser Foundation Health Plan of Georgiahealth325———
Kaiser Foundation Health Plan Inc.health1,644———
Kaiser Foundation Health Plan Inc.health151———
Cigna Dental Health of Californiadental, HMO233———
Cigna Dental Health of Coloradodental, HMO26———
Cigna Dental Health of Delawaredental, HMO3———
Cigna Dental Health of Floridadental, HMO92———
Cigna Dental Health of Kansasdental, HMO7———
Cigna Dental Health of Kentuckydental, HMO119———
Cigna Dental Health of Marylanddental, HMO18———
Cigna Dental Health of Missouridental, HMO31———
Cigna Dental Health of New Jerseydental, HMO28———
Cigna Dental Health of North Carolinadental, HMO27———
Cigna Dental Health of Ohiodental, HMO19———
Cigna Dental Health of Pennsylvaniadental, HMO43———
Cigna Dental Health of Texasdental, HMO199———
Cigna Dental Health of Virginiadental, HMO22———
Cigna Dental Health of Connecticutdental, HMO5———
HMSAhealth10———
Compsych Corporationcoverage not coded23,220———

Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.

How Takeda Pharmaceuticals U.S.A.,inc. compares

Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.

Broker commissions + fees, dollars
Takeda Pharmaceuticals U.S.A.,inc.
$89,993
Commission rate, % of medical premium

Not computable: no insured medical premium on the filing.

Premium per covered person on medical contracts: $13,104 a year (national median $7,274).

Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.

Year over year

$99,994$91,727Premiums$99,776$89,993Broker pay20232024
Takeda Pharmaceuticals U.S.A.,inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants18,27818,232−0.3%
Premiums filed$99,994$91,727−8.3%
Broker commissions + fees$99,776$89,993−9.8%
Commission rate———

Source: DOL Form 5500 filings for plan years 2023 and 2024.

Filings and timeliness

Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.

PlanPlan year endReceived by DOLTimingParticipants
Takeda Pharmaceuticals U.S.A., Inc. Medical, Dental & Vision Care Plan#501 · insurance, general assetsDecember 31, 2024October 7, 2025within extension18,232
Takeda Pharmaceuticals U.S.A., Inc. International Plan#503 · final filing · insuranceDecember 31, 2024October 6, 2025within extension123

Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.

How much did Takeda Pharmaceuticals U.S.A.,inc. pay in health insurance broker commissions in 2024?

Takeda Pharmaceuticals U.S.A.,inc.'s 2024 Form 5500 reports $89,993 in broker commissions and fees across 28 insurance contracts ($89,993 in commissions, $0 in fees), with Aon receiving the largest share.

Is Takeda Pharmaceuticals U.S.A.,inc.'s health plan self-funded or fully insured?

The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by MCS Life Insurance Company, Kaiser Foundation Health Plan of Colorado, Kaiser Foundation Health Plan of Georgia.

How does Takeda Pharmaceuticals U.S.A.,inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Takeda Pharmaceuticals U.S.A.,inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.

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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.