| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 | COMMISSION LOCKBOX 28852 PO BOX 28852 NEW YORK, NY 10087 | HM INSURANCE GROUP | $246K | — | $246K | 9.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AETNA HEALTH EIN 23-2442048 CONTRACT ADMINISTRATIVE | Claims processing Service code 12 | — | $3.8M |
| WILLIS TOWERS WATSON EIN 53-0181291 ACTURAL | Actuarial Service code 11 | — | $79K |
| FIDELITY TRUST INVESTMENT MANAGE EIN 04-3532603 INVESTMENT MANAGER | Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $55K |
| BDO USA LLP EIN 13-5381590 AUDITORS | Accounting (including auditing) Service code 10 | — | $29K |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 6,821 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 312 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 189 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 7,322 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Other | HM INSURANCE GROUP | 7,133 | $2.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,133 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.