| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 3200 E. CAMELBACK STE 129 PHOENIX, AZ 85018 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $3K | $3K | 3.91% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 3200 E. CAMELBACK STE 129 PHOENIX, AZ 85018 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $2K | $2K | 4.72% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 3200 E. CAMELBACK STE 129 PHOENIX, MN 85018 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $779 | $779 | 3.81% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 3200 E. CAMELBACK STE 129 PHOENIX, AZ 85018 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $466 | $466 | 3.79% |
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 | 296 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 296 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ARIZONA | 584 | $4.3M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 265 | $356K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 473 | $30K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 296 | $83K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 296 | $20K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 296 | $37K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 296 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 584 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.