| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 | PO BOX 66995 VIRGINIA BEACH, VA 23466 | FIRST UNUM LIFE INSURANCE COMPANY | $9K | $2K | $11K | 4.47% |
| USI INSURANCE SERVICES LLC3 | 777 CANAL VIEW BLVD, SUITE 100 ROCHESTER, NY 14623 | EXCELLUS BLUECROSS BLUESHIELD | $58K | — | $58K | 24.12% |
| USI INSURANCE SERVICES LLC3 | PO BOX 66995 VIRGINIA BEACH, VA 23466 | FIRST UNUM LIFE INSURANCE COMPANY | $15K | $731 | $15K | 15.75% |
| USI INSURANCE SERVICES LLC3 | PO BOX 66995 VIRGINIA BEACH, VA 23466 | FIRST UNUM LIFE INSURANCE COMPANY | $4K | $480 | $4K | 6.36% |
| USI INSURANCE SERVICES LLC3 | 530 PRESTON AVE. MERIDEN, CT 06450 | GUARDIAN | $6K | — | $6K | 26.09% |
| USI INSURANCE SERVICES LLC3 | 726 EXCHANGE STREET, SUITE 900 BUFFALO, NY 14210 | GUARDIAN | — | $963 | $963 | 4.24% |
| USI INSURANCE SERVICES LLC3 | 726 EXCHANGE STREET, SUITE 900 BUFFALO, NY 14210 | GUARDIAN | -$453 | — | -$453 | -1.99% |
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 | 354 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 354 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EXCELLUS BLUECROSS BLUESHIELD | 250 | $242K |
| Dental | GUARDIAN | 299 | $23K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 353 | $162K |
| Short-term disability(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 353 | $319K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 314 | $255K |
| Stop-loss / reinsurancereinsurance | EXCELLUS BLUECROSS BLUESHIELD | 250 | $242K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 353 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.