| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSTITUTIONAL INSURANCE GROUP LLC3 Filed as: INSTITUTIONAL INSURANCE GROUP, LLC | 18 SHIPYARD DRIVE SUITE 3B HINGHAM, MA 02043 | METROPOLITAN LIFE INSURANCE COMPANY | $180K | — | $180K | 1.91% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA | PO BOX 9023549 SAN JUAN, PR 009023549 | TRIPLE S SALUD, INC. | $72K | — | $72K | 3.75% |
| AON CONSULTING INC3 Filed as: AON RISK SERVICES | ONE LIBERTY PLAZA NEW YORK, NY 10006 | ZURICH AMERICAN INSURANCE COMPANY | $117K | — | $117K | 15.00% |
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 | 13,006 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 575 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1,245 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 14,826 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(7 contracts, 6 carriers) | TRIPLE S SALUD, INC. | 202 | $4.5M |
| Dental(2 contracts, 2 carriers) | TRIPLE S SALUD, INC. | 1,942 | $2.3M |
| Vision | VISION SERVICE PLAN | 8,087 | $2.2M |
| Life insurance(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 13,039 | $33.3M |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 13,039 | $23.8M |
| Prescription drug(2 contracts, 2 carriers) | TRIPLE S SALUD, INC. | 154 | $2.4M |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | 1,942 | $334K |
| Other(5 contracts, 4 carriers) | TRIPLE S SALUD, INC. | 6,200 | $3.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 13,039 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.