Sierra Space Corporation
Updated Filing received by DOL
Sierra Space Corporation, a manufacturing — metal, equipment, transportation employer in Louisville, Colorado, reported 1,705 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.4M in insurance premiums across 9 contracts and $46,929 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on August 6, 2026, within the extension window.
Who was paid on Sierra Space Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Sierra Space Corporation filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · Chicago, IL | $39,105 | $7,824 | $46,929 | 6 |
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 |
|---|---|---|---|---|
| Standard Insurance Companylife | 1,273 | $731,170 | $3,724 | 0.5% |
| Standard Insurance Companyshort-term disability | 1,273 | $392,389 | $2,152 | 0.5% |
| Standard Insurance Companylong-term disability | 1,273 | $226,774 | $1,948 | 0.9% |
| Cigna Health and Life Insurance Company and Affiliatesdental, HMO, indemnity | 207 | — | — | — |
| Vision Service Planvision | 1,114 | — | — | — |
| Curalinc, LLC, dba Curalinc Healthcarecoverage not coded | 1,531 | — | — | — |
| Cigna Health and Life Insurance Companycoverage not coded | 1,143 | — | $10,577 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 1,143 | — | $16,752 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 1,143 | — | $11,776 | — |
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 Sierra Space Corporation 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 | 1,916 | 1,705 | −11.0% |
| Premiums filed | $1,573,927 | $1,350,333 | −14.2% |
| Broker commissions + fees | $65,329 | $46,929 | −28.2% |
| 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 |
|---|---|---|---|---|
| Sierra Space Corporation Health & Welfare Benefit Plan#501 · insurance, general assets | December 31, 2025 | August 6, 2026 | within extension | 1,705 |
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 Sierra Space Corporation pay in health insurance broker commissions in 2025?
Sierra Space Corporation's 2025 Form 5500 reports $46,929 in broker commissions and fees across 9 insurance contracts ($39,105 in commissions, $7,824 in fees), with Willis Towers Watson receiving the largest share.
Is Sierra Space Corporation's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself).
How does Sierra Space Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Sierra Space Corporation 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.
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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.