| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, LLC | PO BOX 1217414 MINNEAPOLIS, NH 55480 | AETNA LIFE INSURANCE CO. | $61K | $52 | $61K | 3.04% |
| HAYS COMPANIES, INC.3 Filed as: HAYS GROUP, INC | PO BOX 1414 MINNEAPOLIS, MN 55480 | SUN LIFE ASSURANCE COMPANY OF CANADA | $11K | $33K | $45K | 35.77% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC. | 80 SO. 8TH ST., STE. 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $4K | $1K | $5K | 4.99% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS COMPANIES | 133 FEDERAL STREET FLOOR 6 BOSTON, MA 02110 | VISION SERVICE PLAN | $1K | — | $1K | 10.00% |
No Schedule C service providers reported on this filing.
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 | 155 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 155 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 237 | $2.0M |
| Dental | UNION SECURITY INSURANCE COMPANY | 119 | $98K |
| Vision | VISION SERVICE PLAN | 83 | $11K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 155 | $125K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 155 | $125K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 155 | $125K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 155 | $125K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 237 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.