About Marsh Mclennan Agency
<p>From its retirement & wealth division to its benefits and insurance teams, Marsh McLennan Agency brings retirement plan advisory work into a broader risk and employee benefits platform. The firm reports $692.0B in AUM (2026) and has about 9,500 employees.</p> <p>Headquartered in Conshohocken in the Philadelphia metro area, MMA also has an office in Boston and works with employers across major U.S. markets. It is a subsidiary of Marsh McLennan and operates as an insurance brokerage and consulting firm with business insurance, employee health & benefits, retirement solutions, and private client insurance.</p> <p>For plan sponsors, MMA supports plan design and fiduciary services, including 3(21) co-fiduciary and 3(38) investment manager roles. A practical differentiator is the ability to coordinate retirement plan decisions with benefits and risk management under one firm, which can simplify vendor management and governance.</p> <p>Organizations looking for <a href="/plan-advisors">plan advisors</a> often use MMA for fiduciary guidance tied to broader HR and insurance needs.</p> <ul> <li>3(21) fiduciary services</li> <li>3(38) investment management</li> <li>Plan design support</li> <li>Business insurance and risk consulting</li> <li>Employee health & benefits consulting</li> </ul>
Website: https://www.marshmma.com/
Employees: 9500
Office Locations
- Boston, MA
- Conshohocken, PA (Headquarters)
Services Offered
- 3(21) Investment Advisor
- 3(38) Investment Manager
- Plan Design Consulting
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $692.0B
Plans Serviced (2025)
Largest plans where this firm is listed as a service provider (Schedule C) or IQPA (Schedule H) on the most recent filings (From Form 5500).
| Plan | Sponsor | Assets | Participants |
|---|---|---|---|
| MORGAN STANLEY 401(K) PLAN | MORGAN STANLEY DOMESTIC HOLDINGS, LLC, NY | $22.0B | 54,084 |
| IBM PERSONAL PENSION PLAN | INTERNATIONAL BUSINESS MACHINES CORPORATION, NY | $17.6B | 43,052 |
| EDWARD D. JONES & CO. PROFIT SHARING AND 401(K) PLAN | EDWARD D. JONES & CO., L.P., MO | $12.4B | 50,491 |
| ADVOCATE AURORA HEALTH 401(K) PLAN | ADVOCATE AURORA HEALTH, INC, WI | $10.5B | 83,445 |
| T-MOBILE USA, INC. 401(K) RETIREMENT SAVINGS PLAN & TRUST | T-MOBILE USA, INC., WA | $9.1B | 69,015 |
| 401(k) Retirement Plan | Healthcare Sponsor, TX | $6.8B | 17,515 |
| 401(k) Retirement Plan | Manufacturing Sponsor, MA | $4.4B | 61,883 |
| 401(k) Retirement Plan | Professional Services Sponsor, TN | $3.5B | 10,253 |
| 401(k) Retirement Plan | Technology Sponsor, CT | $3.4B | 6,527 |
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