Plan Ledger DOL Form 5500 · updated monthly

Sps North Americabenefits

Sps North America Health and Insurance Plan · NEW YORK, NY · plan year 2025

Broker compensation reported · 2025
$176,712

Sps North America's benefits plans covered 2,230 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $176,712 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay fell 60% from $443,385 in 2024.

Insurance contracts · 20255
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 97 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 468 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 2,230 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 41 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dental vision hmo ppopremiums n/a · 1,066 covered
Brokers & agents paid · 20257
MERCER HEALTH & BENEFITS$145,450 · incl $126,272 fees
MERCER HEALTH & BENEFITS LLC$26,486 · incl $2,669 fees
CHRISTOPHER MANZI$3,441 · incl $724 fees
J KING INSURANCE INC$358 · incl $126 fees
DB INSURANCE AND OTHER AGENTS$126
MERCER HEALTH & BENEFITS, LLC$53 · incl $53 fees
3 individual agents · names withheld$798

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 133670421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.