| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| US FIRE INSURANCE COMPANY3 | 7550 SOUTH MERIDIAN STREET SUITE B INDIANAPOLIS, IN 46217 | INDECS CORPORATION | $568K | — | $568K | 13.90% |
| BLADE BENEFIT CONSULTING LLC3 Filed as: BLADE LLC | 117 N GOLD DRIVE BUILDING 1 ROBBINSVILLE, NJ 086911639 | INDECS CORPORATION | $169K | — | $169K | 4.13% |
| INDECS CORPORATION3 | 1099 WALL STREET WEST SUITE 317 LYNDHURST, NJ 07071 | INDECS CORPORATION | — | $147K | $147K | 3.59% |
| HEALTHCARE STRAGETIS3 Filed as: HEALTHCARE STRATEGIS | PO BOX 37039 BALTIMORE, MD 212973039 | INDECS CORPORATION | $16K | — | $16K | 0.39% |
| PHCS3 Filed as: MULTIPLAN | PO BOX 29380 GENERAL POST OFFICE NEW YORK, NY 100879380 | INDECS CORPORATION | $15K | — | $15K | 0.36% |
| TELADOC3 Filed as: TELADOC HEALTH, INC. | DEPT 3417 PO BOX 123417 DALLAS, TX 753123217 | INDECS CORPORATION | $4K | — | $4K | 0.10% |
| PHIA GROUP3 Filed as: THE PHIA GROUP | PO BOX 499 CANTON, MA 02021 | INDECS CORPORATION | $4K | — | $4K | 0.09% |
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 | 322 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 323 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDECS CORPORATION | 322 | $4.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 322 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.