Plan Ledger DOL Form 5500 · updated monthly

Mpmc-Mp Materials Corp.benefits

Mp Materials Health Plan · LAS VEGAS, NV · plan year 2025

Broker compensation reported · 2025
$191,435

Mpmc-Mp Materials Corp.'s benefits plans covered 890 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,092,697. Insurance brokers and agents were paid $191,435 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.5% of premiums. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay fell 29% from $268,346 in 2024.

Insurance contracts · 20257
STANDARD INSURANCE COMPANY · dental$509K · 816 covered
STANDARD INSURANCE COMPANY · life$381K · 852 covered
STANDARD INSURANCE COMPANY · ltd$94K · 284 covered
STANDARD INSURANCE COMPANY · vision$70K · 782 covered
STANDARD INSURANCE COMPANY · std$39K · 70 covered
RELIASTAR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 849 covered
STANDARD INSURANCE COMPANYpremiums n/a · 379 covered
Brokers & agents paid · 20253
SAGS JOINT VENTURE LLC$63,536 · incl $35,636 fees
Also brokered by James a Scott & Son Inc5
Propel Peo, Inc SC$466,519

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 844465489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.