| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS AND COMPENSATION3 Filed as: AMERICAN BENEFITS & COMPENSATION | SYSTEMS INC. 99 PARK AVE 25TH FLOOR NEW YORK, NY 10016 | AETNA LIFE INSURANCE CO. | $103K | $77K | $181K | 2.87% |
| SEDGWICK CLAIMS MANAGEMENT SERVICES5 Filed as: SEDGWICK CLAIMS MGMT SERVICES, INC. | 2620 THOUSAND OAKS BLVD. MEMPHIS, TN 38118 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $529K | $529K | 9.20% |
| AMERICAN BENEFITS & COMP SYSTEMS3 Filed as: AMERICAN BENEFITS&COMP SYSTEMS INC | 99 PARK AVENUE, 25TH FLOOR NEW YORK, NY 10016 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $63K | — | $63K | 1.09% |
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 | 9,338 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 681 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 10,019 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 13,412 | $6.3M |
| Dental | AETNA LIFE INSURANCE CO. | 13,412 | $6.3M |
| Life insurance | AETNA LIFE INSURANCE CO. | 13,412 | $6.3M |
| Short-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 9,250 | $5.8M |
| Long-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 9,250 | $5.8M |
| Other(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 13,412 | $6.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 13,412 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.