| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC Filed as: USI INSURANCE SERVICES | 530 PRESTON AVE MERIDEN, CT 06450 | GUARDIAN | $10K | $4K | $15K | 20.07% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES | 530 PRESTON AVE MERIDEN, CT 06450 | GUARDIAN | $4K | $3K | $7K | 12.45% |
| USI INSURANCE SERVICES LLC3 | 726 EXCHANGE ST., STE 618 BUFFALO, NY 14210 | FIRST UNUM LIFE INSURANCE COMPANY | $5K | — | $5K | 15.00% |
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 | 154 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 154 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 157 | $74K |
| Vision | GUARDIAN | 157 | $74K |
| Life insurance | GUARDIAN | 157 | $74K |
| Short-term disability(3 contracts, 2 carriers) | GUARDIAN | 205 | $168K |
| Long-term disability | GUARDIAN | 157 | $74K |
| Stop-loss / reinsurancereinsurance | NOVA HEALTHCARE ADMINISTRATORS, INC. | 106 | $166K |
| Other(2 contracts, 2 carriers) | GUARDIAN | 157 | $108K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 205 | — |
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.
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.