SPS Companies, Inc.
Overview
SPS Companies, Inc. sponsors a self-funded health plan that covered 676 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 676 · prior year 686
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- SPS Companies, Inc. Employee Benefit Plan, plan 501 (676 participants)
- Stop-loss carrier
- Berkley Life and Health Insurance; Aetna Life Insurance Company
- Broker compensation
- $139K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Berkley Life and Health Insurance | Stop-loss | 560 | $994K | — |
| Life Insurance Company of North America | Short-term disability, Long-term disability, Accidental Death and Disability, Life | 1,099 | $821K | $79K |
| American Heritage Life Insurance Company | Accident, Cancer, Critical Illness, Cricital Illness, Accident | 398 | $168K | $43K |
| Ameritas Life Insurance Corp. | Vision | 1,293 | $69K | $8K |
| Aetna Life Insurance Company | Stop-loss | 560 | $39K | — |
| Pre-Paid Legal Services Inc. DBA Legalshield | Legal Services Plan Memberships | 176 | $27K | $9K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 676 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- SPS Companies, Inc.
- Sponsor EIN
- 81-3861862
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 81-3861862 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- SPS Companies, Inc. Retirement Plan
- Type
- 401(k) plan
- Participants
- 945
About this data
Source: SPS Companies, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with SPS Companies, Inc..