Mercer Advisors Inc.
Updated Filing received by DOL
Mercer Advisors Inc., a professional & technical services employer in Denver, Colorado, reported 1,169 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 3 insurance contracts with no premium reported and $658,323 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 14, 2026, before the deadline.
Who was paid on Mercer Advisors Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Mercer Advisors Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Saddle Brook, NJ | $145,375 | $506,948 | $652,323 | 3 |
| Optavise, LLC · Pittsburgh, PA | $0 | $6,000 | $6,000 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Aetna Life Insurance Companyvision | 2,091 | — | $9,675 | — |
| Unum Life Insurance Company of Americalife, short-term disability, long-term disability | 1,746 | — | $122,450 | — |
| Cigna Health and Life Insurance Companyhealth, prescription drug, indemnity | 1,213 | — | $526,198 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Mercer Advisors Inc. compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 1,261 | 1,169 | −7.3% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $623,239 | $658,323 | +5.6% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Mercer Advisors Welfare Benefit Plan#506 · insurance, general assets | December 31, 2025 | July 14, 2026 | before deadline | 1,169 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Mercer Advisors Inc. pay in health insurance broker commissions in 2025?
Mercer Advisors Inc.'s 2025 Form 5500 reports $658,323 in broker commissions and fees across 3 insurance contracts ($145,375 in commissions, $512,948 in fees), with Marsh McLennan Agency receiving the largest share.
Is Mercer Advisors Inc.'s health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Cigna Health and Life Insurance Company.
How does Mercer Advisors Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Mercer Advisors Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
Send the full findings to your inbox.
A specialist writes up every finding for Mercer Advisors Inc. with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.