| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAVENS & COMPANY INC3 | PO BOX 1505 MANCHESTER, MA 019440860 | MINNESOTA LIFE INSURANCE COMPANY | $136K | $450K | $586K | 1.77% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EDINBURGH PARTNERS NONE | Direct payment from the plan; Securities brokerage commissions and fees; Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $143K |
| SANDS CAPITAL MANAGEMENT EIN 20-2830751 NONE | Direct payment from the plan; Soft dollars commissions; Investment management fees paid directly by plan; Investment management Service code 28 | — | $110K |
| TEMPLETON INVESTMENT COUNCIL LLC EIN 94-3385113 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions; Direct payment from the plan Service code 28 | — | $93K |
| VONTOBEL EIN 13-3223264 NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan; Soft dollars commissions Service code 28 | — | $80K |
| MERCER EIN 20-1932099 NONE | Contract Administrator; Participant communication; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 13 | — | $66K |
| THE BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Trustee (bank, trust company, or similar financial institution); Trustee (directed); Other services; Float revenue; Direct payment from the plan; Custodial (other than securities); Custodial (securities); Valuation (appraisals, etc.); Named fiduciary; Account maintenance fees; Shareholder servicing fees Service code 18 | — | $27K |
| PARMS & COMPANY EIN 01-0548473 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $17K |
| WILLIS TOWERS WATSON INVST SERVICES EIN 52-1868818 NONE | Consulting (general); Direct payment from the plan; Consulting fees; Investment advisory (plan) Service code 16 | — | $5K |
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 | 17,947 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13,202 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 31,149 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | MINNESOTA LIFE INSURANCE COMPANY | 31,149 | $33.0M |
| Other | MINNESOTA LIFE INSURANCE COMPANY | 31,149 | $33.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 31,149 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.