| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC | 80 SO. 8TH ST., STE. 700 MINNEAPOLIS, MN 55402 | SUN LIFE ASSURANCE COMPANY OF CANADA | $12K | $3K | $15K | 8.25% |
| JAMES T KINNEY3 Filed as: JAMES KINNEY | 1429 WARWICK AVE. WARWICK, RI 02888 | TRANSAMERICA LIFE INSURANCE COMPANY | $4K | — | $4K | 11.69% |
| EASTERN INSURANCE GROUP LLC3 | 233 W. CENTRAL ST. NATICK, MA 01760 | TRANSAMERICA LIFE INSURANCE COMPANY | $1K | — | $1K | 3.88% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC. | 80 SO. 8TH ST. SUITE 700 MINNEAPOLIS, MN 55402 | TRANSAMERICA LIFE INSURANCE COMPANY | $1K | — | $1K | 3.83% |
| MICHAEL R ACKERMAN3 Filed as: MICHAEL ACKERMAN | 150 E. SWEDESFORD RD. STE. 102 WAYNE, PA 190871458 | TRANSAMERICA LIFE INSURANCE COMPANY | $379 | — | $379 | 1.00% |
| JENNIFER GERVASIO3 | 203 BUNGY RD. N. SCITUATE, RI 02857 | TRANSAMERICA LIFE INSURANCE COMPANY | $58 | — | $58 | 0.15% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC | 80 SO. 8TH ST., STE. 700 MINNEAPOLIS, MN 55402 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | $0 | $3K | 9.98% |
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 | 227 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 229 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TRANSAMERICA LIFE INSURANCE COMPANY | 339 | $38K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 374 | $26K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 227 | $185K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 227 | $185K |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 339 | $223K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 374 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.