| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STRATEGIC NON-MEDICAL SOLUTION3 Filed as: STRATEGIC MNON-MEDICAL SOLUTIONS | 75 STATE ST STE 1710 US BOSTON, MA 02109 | SECURIAN LIFE INSURANCE COMPANY | $0 | $186K | $186K | 2.19% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNITED HEALTHCARE EIN 36-2739571 NONE | Account maintenance fees Service code 65 | — | $222K |
| MCCONNELL & JONES EIN 76-0488832 AUDITOR | Accounting (including auditing) Service code 10 | — | $43K |
| EXTEND HEALTH EIN 26-0775680 NONE | Account maintenance fees Service code 65 | — | $36K |
| STANDISH MELLON ASSET MANAGEMENT EIN 23-3094847 NONE | Investment management Service code 28 | — | $28K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 22,899 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 17,633 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 40,532 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC | 7,421 | $9.8M |
| Life insurance | SECURIAN LIFE INSURANCE COMPANY | 6,979 | $8.5M |
| Prescription drug | UNITED HEALTHCARE INSURANCE COMPANY | 2,559 | $102 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,421 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.