Sps Commerce, Inc.benefits
Sps Group Employee Benefits Plan · MINNEAPOLIS, MN · plan year 2024
Broker compensation reported · 2024
$83,547
Sps Commerce, Inc.'s benefits plans covered 2,160 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $83,547 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 48% from $161,015 in 2023.
Insurance contracts · 20245
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 2,687 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 763 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 475 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 977 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 2,793 covered
Brokers & agents paid · 20244
WATCHTOWER BENEFITS, LLC.$18,215 · incl $3,495 fees
MERCER HEALTH AND BENEFITS, LLC.$55,514 · incl $7,375 fees
HAYS COMPANIES, INC.$5,331 · incl $8,954 fees
Also brokered by Brown & Brown5
Beth Israel Lahey Health, Inc. MA$3,690,428
Dana-Farber Cancer Institute, Inc. MA$1,776,211
Bj's Wholesale Club, Inc. MA$1,391,058
Srm Concrete, LLC TN$1,315,284
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 412015127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.