Form 5500 · Employee benefit plan · BOSTON, MA
SANTANDER HOLDINGS USA, INC.
SANTANDER HOLDINGS USA, INC. of BOSTON, MA is a 12,907-participant finance and insurance employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is MERCER HEALTH AND BENEFITS ADMIN. Coverage is written through DELTA DENTAL OF PENNSYLVANIA and 5 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 23-2453088 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 12 insured contracts covering health, dental, vision, life and disability; the largest, with DELTA DENTAL OF PENNSYLVANIA, covers 21,135 people.
Reported premium across the insured contracts is $18,488,726, with $56,468 in disclosed broker commissions — about 0.3% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
MERCER HEALTH AND BENEFITS ADMIN is the broker of record on 1 of the 12 contracts; the rest name a different broker or none.
6 carriers appear on the filing — DELTA DENTAL OF PENNSYLVANIA, SECURIAN LIFE INSURANCE COMPANY, VISION SERVICE PLAN and METROPOLITAN LIFE INSURANCE COMPANY among them — with DELTA DENTAL OF PENNSYLVANIA writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| METROPOLITAN GENERAL INSURANCE COMPANY | — | 2,258 | December | $565,476 | $56,468 |
| HIGHMARK INC. | Health | 55 | December | $227,576 | $0 |
| SECURIAN LIFE INSURANCE COMPANY | Life | 3,204 | December | $352,509 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 1,303 | December | $122,963 | $0 |
| SECURIAN LIFE INSURANCE COMPANY | Life | 11,426 | December | $2,470,838 | $0 |
| SECURIAN LIFE INSURANCE COMPANY | Life | 8,053 | December | $2,248,359 | $0 |
| DELTA DENTAL OF PENNSYLVANIA | Dental | 21,135 | December | $8,147,156 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 10,787 | December | $1,861,715 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 1,498 | December | $399,706 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 694 | December | $118,391 | $0 |
| VISION SERVICE PLAN | Vision | 8,413 | December | $1,935,520 | $0 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 699 | December | $38,517 | $0 |
More employer plans in Massachusetts — largest plans, brokers, carriers and renewal months.