| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS CONSULTING LLC3 | 99 PARK AVE - 25TH FLOOR US NEW YORK, NY 10016 | SECURIAN LIFE INSURANCE COMPANY | — | $9K | $9K | 0.66% |
| AMERICAN BENEFITS CONSULTING LLC3 | 99 PARK AVENUE - 25TH FLOOR US NEW YORK, NY 10016 | SECURIAN LIFE INSURANCE COMPANY | — | $54K | $54K | 5.85% |
| AMERICAN BENEFITS CONSULTING LLC3 | 99 PARK AVE - 25TH FLOOR US NEW YORK, NY 10016 | SECURIAN LIFE INSURANCE COMPANY | — | $4K | $4K | 2.50% |
| AMERICAN BENEFITS CONSULTING LLC3 | 99 PARK AVE - 25TH FLOOR US NEW YORK, NY 10016 | SECURIAN LIFE INSURANCE COMPANY | — | $269 | $269 | 0.61% |
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 | 7,854 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4,329 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 12,183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(7 contracts, 2 carriers) | AXA EQUITABLE LIFE INSURANCE COMPANY | 7,813 | $16.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,813 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.