| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STRATEGIC EMPLOYEE BENEFIT SERVICES3 Filed as: STRATEGIC NON-MEDICAL SOLUTIONS LLC | 1 BEACON ST STE 17100 BOSTON, MA 021083107 | METROPOLITAN LIFE INSURANCE COMPANY | — | $139K | $139K | 0.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FIDELITY EIN 04-2647786 PARTY-IN-INTEREST | Other services; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 13 | — | $2.7M |
| AETNA EIN 06-6033492 PARTY-IN-INTEREST | Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing Service code 12 | — | $1.2M |
| UNITED HEALTHCARE EIN 36-2739571 PARTY-IN INTEREST | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing Service code 12 | — | $1.2M |
| ANTHEM INSURANCE EIN 35-0781558 PARTY-IN-INTEREST | Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Contract Administrator; Other services Service code 12 | — | $932K |
| CVS CAREMARK EIN 20-8404182 PARTY-IN-INTEREST | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | — | $237K |
| METROPOLITAN LIFE EIN 13-5581829 PARTY-IN-INTEREST | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing Service code 12 | — | $103K |
| ERNST & YOUNG EIN 34-6565596 PARTY-IN INTEREST | Consulting (general) Service code 16 | — | $55K |
| BUDCO EIN 38-1622051 PARTY- INTEREST | Other services Service code 49 | — | $9K |
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 | 10,141 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 66,222 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 964 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 77,327 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(8 contracts, 8 carriers) | UNITEDHEALTHCARE INSURANCE COMPANY | 89,786 | $62.1M |
| Vision | ANTHEM INSURANCE COMPANIES | 4,785 | $402K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 80,166 | $18.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 89,786 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.