SPSD, Inc.
Updated Filing received by DOL
SPSD, Inc., a professional & technical services employer in Arlington, Texas, reported 108 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $21,281 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Standard Life & Accident Insurance Company). The Department of Labor received the filing on August 19, 2026, within the extension window.
Who was paid on SPSD, 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 SPSD, Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Advocate Business Insurance Solutio · Fort Worth, TX | $11,638 | $60 | $11,698 | 5 |
| 3b Venture Group of Texas Inc · Murphy, TX | $1,192 | $1,138 | $2,330 | 1 |
| Dallas Insurance Exchange · Dallas, TX | $0 | $1,818 | $1,818 | 1 |
| Peter del Investments Inc · Forney, TX | $1,302 | $415 | $1,717 | 1 |
| David Palmer · Arlington, TX | $1,273 | $188 | $1,461 | 1 |
| Jennifer E Lubelsky · New York, NY | $364 | $67 | $431 | 1 |
| Brett Thomas Dalton · Forney, TX | $375 | $50 | $425 | 1 |
| Michele E Martin · Plano, TX | $332 | $0 | $332 | 1 |
| Oscar Calanche · Fort Worth, TX | $235 | $0 | $235 | 1 |
| Deacon Charles Kavanaugh · The Colony, TX | $197 | $0 | $197 | 1 |
| William Leroy Vincent · Mansfield, TX | $177 | $0 | $177 | 1 |
| National Enrollment Partners LLC · Cranston, RI | $157 | $0 | $157 | 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 |
|---|---|---|---|---|
| Unitedhealthcare Insurance Companydental, vision | 79 | — | $4,848 | — |
| United of Omaha Life Insurance Companylife | 135 | — | $1,521 | — |
| United of Omaha Life Insurance Companyshort-term disability | 30 | — | $1,598 | — |
| United of Omaha Life Insurance Companylife | 14 | — | $815 | — |
| Colonial Life & Accident Insurance Companyindemnity | 61 | — | $12,499 | — |
| Standard Life & Accident Insurance Companystop-loss | 31 | — | — | — |
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 SPSD, 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
| 2023 | 2025 | Change | |
|---|---|---|---|
| Participants | 125 | 108 | −13.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $32,454 | $21,281 | −34.4% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 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 |
|---|---|---|---|---|
| SPSD, Inc. Employee Benefits Plan#501 · insurance, general assets | December 31, 2025 | August 19, 2026 | within extension | 108 |
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 SPSD, Inc. pay in health insurance broker commissions in 2025?
SPSD, Inc.'s 2025 Form 5500 reports $21,281 in broker commissions and fees across 6 insurance contracts ($17,525 in commissions, $3,756 in fees), with Advocate Business Insurance Solutio receiving the largest share.
Is SPSD, Inc.'s health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Standard Life & Accident Insurance Company).
How does SPSD, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for SPSD, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.