WPS Insurance Corporation
Updated Filing received by DOL
WPS Insurance Corporation, a finance & insurance employer in Monona, Wisconsin, reported 733 participants in its health and welfare plans for plan year 2025. Its Form 5500 lists 4 insurance contracts on Schedule A but reports no premium and no broker compensation on them. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on July 20, 2026, before the deadline.
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 |
|---|---|---|---|---|
| The Prudential Insurance Company of Americalife | 218 | — | — | — |
| Hartford Life and Accident Insurance Companycoverage not coded | 218 | — | — | — |
| The Prudential Insurance Company of Americalong-term disability | 218 | — | — | — |
| Vision Service Planvision | 157 | — | — | — |
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 WPS Insurance 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 | 811 | 733 | −9.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $0 | $0 | — |
| 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 |
|---|---|---|---|---|
| WPS Insurance Corporation Non-Bargaining Unit Health Care Benefit Plan (outside of Wi Locations & Outside of Wi Remote Workers)#549 · general assets | December 31, 2025 | July 20, 2026 | before deadline | 733 |
| WPS Insurance Corporation Non-Bargaining Unit Health Care Benefit Plan (wi Locations & Wi Remote Workers)#541 · general assets | December 31, 2025 | July 20, 2026 | before deadline | 580 |
| WPS Insurance Corporation Bargaining Unit Employee Benefits Plan#502 · insurance, general assets | December 31, 2025 | July 20, 2026 | before deadline | 258 |
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 WPS Insurance Corporation pay in health insurance broker commissions in 2025?
WPS Insurance Corporation's 2025 Form 5500 reports no broker commissions or fees on Schedule A. Self-funded plans often pay consultants directly, which the public filing does not always capture.
Is WPS Insurance 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 WPS Insurance Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for WPS Insurance Corporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
Send the full findings to your inbox.
A specialist writes up every finding for WPS Insurance Corporation 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.