Form 5500 · Employee benefit plan · LAWRENCEVILLE, NJ
FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)
FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s employee benefit plan is documented in its annual Form 5500 filing with the Department of Labor. Its broker of record is LOCKTON COMPANIES, LLC. Coverage is written through UNITEDHEALTHCARE INSURANCE COMPANY and 2 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 86-1278432 · plan 501 · as of Jul 2026
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Commission |
|---|---|---|---|---|
| UNITEDHEALTHCARE INSURANCE COMPANY | Health, Dental, Vision | 1,194 | December | $219,313 |
| SUN LIFE ASSURANCE COMPANY OF CANADA | — | 110 | December | $0 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Life, Disability | 570 | May | $0 |
Questions
Who is FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s benefits broker?
Per its most recent Form 5500 Schedule A, FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s broker of record is LOCKTON COMPANIES, LLC.
What insurance carrier does FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.) use?
FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s benefit plan is written through UNITEDHEALTHCARE INSURANCE COMPANY, among 3 disclosed carriers.
When does FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s group plan renew?
The most recent Schedule A policy period for FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.) ended in December. Group plans typically renew on the same annual cycle.
Where does this data come from?
All figures are drawn from FACTOR SYSTEMS, LLC (A WHOLLY OWNED SUBSIDIARY OF BTRS HOLDINGS, INC.)'s public Form 5500 filing with the U.S. Department of Labor (EFAST2). Form 5500 is a public record.