| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL CENTER INC | 11311 MCCORMICK RD STE 500 HUNT VALLEY, MD 210318622 | STANDARD INSURANCE COMPANY | — | — | $0 | 0.00% |
| JENNINGS INSURANCE SERVICES Filed as: JENNINGS BRINSFIELD | — | JOHN HANCOCK LIFE INS CO | $23 | — | $23 | 1.28% |
| JEFFREY D HARNED Filed as: JEFFREY BRINSFIELD | — | JOHN HANCOCK LIFE INS CO | $7 | — | $7 | 0.39% |
| KEITH LEPACK Filed as: KEITH EIG | — | JOHN HANCOCK LIFE INS CO | $5 | — | $5 | 0.28% |
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 | 690 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 21 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 711 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(6 contracts, 6 carriers) | STANDARD INSURANCE COMPANY | 656 | $278K |
| Other(6 contracts, 6 carriers) | PRUDENTIAL LIFE INSURANCE CO | 617 | $42K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 656 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.