| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 | COM LOCKBOX 28852 PO BOX 28852 US NEW YORK, NY 100878852 | SECURIAN LIFE INSURANCE COMPANY | $42K | $0 | $42K | 0.97% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS TOWERS WATSON US LLCCOM LOCK | COM LOCKBOX 28852 PO BOX 28852 US NEW YORK, NY 100878852 | SECURIAN LIFE INSURANCE COMPANY | $12K | $0 | $12K | 0.97% |
| WILLIS TOWERS WATSON US LLC3 | COM LOCKBOX 28852 PO BOX 28852 US NEW YORK, NY 100878852 | SECURIAN LIFE INSURANCE COMPANY | $6K | $0 | $6K | 0.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LIFEWORKS BUSINESS RELATIONSHIP | Other services; Contract Administrator Service code 13 | — | $181K |
| WAGEWORKS BUSINESS RELATIONSHIP | Claims processing; Contract Administrator Service code 12 | 1100 PARK PLACE, 4TH FLOOR SAN MATEO, CA 94403 | $94K |
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 | 8,654 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 239 | Continuation coverage (COBRA, retiree health). |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 8,893 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | NATIONAL GUARDIAN LIFE INSURANCE | 2,481 | $585K |
| Life insurance(2 contracts) | SECURIAN LIFE INSURANCE COMPANY | 8,654 | $5.6M |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 8,654 | $3.2M |
| Other(2 contracts, 2 carriers) | SECURIAN LIFE INSURANCE COMPANY | 8,037 | $652K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,654 | — |
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.