Santander Holdings USA, Inc.benefits
Santander Flexible Benefits Plan · BOSTON, MA · plan year 2024
Broker compensation reported · 2024
$179,819
Santander Holdings USA, Inc.'s benefits plans covered 11,354 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $179,819 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.2% from $174,271 in 2023.
Insurance contracts · 202412
VISION SERVICE PLAN · visionpremiums n/a · 8,413 covered
HIGHMARK INC. · healthpremiums n/a · 55 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 3,204 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,303 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 11,426 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 2,258 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 8,053 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 21,135 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 10,787 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,498 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 694 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 699 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS ADMIN$66,174 · incl $9,706 fees
MERCER HEALTH AND BENEFITS, LLC$113,645 · incl $113,645 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232453088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.