| 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 | $8K | — | $8K | 3.45% |
| JENNINGS C BRINSFIELD3 | 51 LAKE AVENUE REHOBOTH BEACH, DE 19971 | BERKSHIRE LIFE INS CO OF AMERICA | $9K | — | $9K | 17.75% |
| M FINANCIAL HOLDINGS INC3 | 1125 NW COUCH ST #900 M FINANCIAL PLAZA PORTLAND, OR 97209 | BERKSHIRE LIFE INS CO OF AMERICA | $2K | — | $2K | 3.28% |
| GREENBERG WEXLER & EIG3 | 7316 WISCONSIN AVENUE STE 230 BETHESDA, MD 20814 | BERKSHIRE LIFE INS CO OF AMERICA | $2K | — | $2K | 3.13% |
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 | 710 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 710 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 697 | $273K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 697 | — |
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."
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.