| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 | 11595 NORTH MERIDIAN STREET SUITE 250 CARMEL, IN 46032 | SUN LIFE ASSURANCE COMPANY OF CANADA | $912 | $0 | $912 | 0.11% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FLATIRON CONSTRUCTION CORPORATION EIN 04-3147491 NONE | Employee (plan) Service code 30 | — | $679K |
| WEB BENEFITS DESIGN CORP WEB DESIGN | Other services Service code 49 | 472 WEST SAND LAKE ROAD ORLANDO, FL 32819 | $146K |
| THE HAYS GROUP EIN 41-1784898 NONE | Consulting fees; Insurance services; Insurance agents and brokers Service code 22 | — | $98K |
| EIDE BAILLY LLP EIN 45-0250958 NONE | Accounting (including auditing) Service code 10 | — | $33K |
| FCE BENEFIT ADMINISTRATORS, INC. EIN 33-0330036 PLAN ADMNISTRATION | Plan Administrator Service code 14 | — | $18K |
| RETIREMENT PLANNING SERVICES INC. EIN 84-1096179 NONE | Claims processing; Contract Administrator Service code 12 | — | $14K |
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 | 1,886 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,890 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 1,752 | $10.5M |
| Dental | AETNA LIFE INSURANCE COMPANY | 1,752 | $10.5M |
| Vision | VISION SERVICE PLAN | 1,123 | $219K |
| Life insurance(3 contracts, 3 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,243 | $849K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,243 | $829K |
| Prescription drug | AETNA LIFE INSURANCE COMPANY | 1,752 | $10.5M |
| Stop-loss / reinsurancereinsurance | UNIMERICA INSURANCE COMPANY | 1,109 | $1.5M |
| Other(4 contracts, 4 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,243 | $849K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,752 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.