| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 Filed as: TOWERS WATSON DELAWARE | COMMISSION LOCKBOX 28852 PO BOX 28852 NEW YORK, NY 10087 | EMBLEM HEALTH | $5K | — | $5K | 0.75% |
| WILLIS TOWERS WATSON US LLC3 Filed as: TOWERS WATSON DELAWARE INC | COMMISSION LOCKBOX 28852 PO BOX 28852 NEW YORK, NY 10087 | AETNA LIFE INSURANCE CO. | $1K | — | $1K | 1.18% |
| WILLIS TOWERS WATSON US LLC3 Filed as: TOWERS WATSON DELAWARE (RHC) | COMMISSION LOCKBOX 28852 PO BOX 28852 NEW YORK, NY 100878852 | UNITED HEALTHCARE INSURANCE COMPANY | $660 | — | $660 | 2.66% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 NONE | Named fiduciary; Other services; Claims processing; Direct payment from the plan; Non-monetary compensation; Participant communication; Float revenue; Contract Administrator Service code 12 | — | $1.5M |
| CVS PHARMACY, INC EIN 05-0340626 NONE | Direct payment from the plan; Contract Administrator; Claims processing; Participant communication; Other services Service code 12 | — | $827K |
| BNY MELLON EIN 25-6078093 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $360K |
| COHNREZNICK LLP EIN 22-1478099 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $68K |
| STATE STREET BANK AND TRUST COMPANY EIN 04-1867445 NONE | Float revenue; Trustee (directed); Investment management; Other fees; Direct payment from the plan Service code 25 | — | $51K |
| BUCK CONSULTANTS LLC EIN 13-3954297 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $21K |
| ERNST AND YOUNG EIN 34-6565596 NONE | Other fees; Direct payment from the plan; Other services Service code 49 | — | $5K |
| CIGNA | Other services; Non-monetary compensation; Claims processing; Participant communication; Direct payment from the plan; Named fiduciary; Contract Administrator; Float revenue Service code 12 | — | $0 |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6,730 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 6,730 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | EMBLEM HEALTH | 105 | $830K |
| Prescription drug | AETNA LIFE INSURANCE CO. | 8 | $116K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 105 | — |
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 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.