| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 575 E. SWEDESFORD RD #200 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NA | $5K | — | $5K | 3.81% |
| THE GRAHAM COMPANY3 | 30 SOUTH 15TH ST 23RD FL PHILADELPHIA, PA 19102 | LIFE INSURANCE COMPANY OF NA | $2K | — | $2K | 1.19% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 575 E. SWEDESFORD RD SUITE 200 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NA | $5K | — | $5K | 5.38% |
| THE GRAHAM COMPANY3 | 30 S 15TH ST 23RD FL PHILADELPHIA, PA 19102 | LIFE INSURANCE COMPANY OF NA | $3K | — | $3K | 3.37% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 575 E. SWEDESFORD RD STE 200 WAYNE, PA 19087 | VISION SERVICE PLAN | $2K | — | $2K | 2.87% |
| WILLIAM A GRAHAM COMPANY3 | 1 PENN SQ W PHILADELPHIA, PA 19102 | VISION SERVICE PLAN | $926 | — | $926 | 1.44% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 575 E. SWEDESFORD RD #200 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NA | $4K | — | $4K | 7.28% |
| THE GRAHAM COMPANY3 | 30 SOUTH 15TH STREET 23RD FL PHILADELPHIA, PA 19102 | LIFE INSURANCE COMPANY OF NA | $2K | — | $2K | 3.80% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 575 E. SWEDESFORD RD SUITE 200 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NA | $825 | — | $825 | 3.64% |
| THE GRAHAM COMPANY3 | 30 S 15TH STREET 23RD FL PHILADELPHIA, PA 19102 | LIFE INSURANCE COMPANY OF NA | $309 | — | $309 | 1.36% |
| WILLIAM A GRAHAM COMPANY3 | 1 PENN SQ WEST 25TH FL PHILADELPHIA, PA 19102 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | $173 | $2K | 33.15% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 21 E. 5TH AVE STE 204 CONSHOHOCKEN, PA 19428 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $618 | — | $618 | 9.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 MEDICAL FEES | Claims processing; Contract Administrator Service code 12 | — | $522K |
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 DENTAL CONTRACT ADMIN | Contract Administrator; Claims processing Service code 12 | — | $64K |
| RXBENEFITS INC. EIN 63-1157085 RX ADMIN | Claims processing; Contract Administrator Service code 12 | — | $5K |
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 | 619 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 623 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 540 | $64K |
| Life insurance | LIFE INSURANCE COMPANY OF NA | 619 | $134K |
| Short-term disability | LIFE INSURANCE COMPANY OF NA | 181 | $86K |
| Long-term disability | LIFE INSURANCE COMPANY OF NA | 755 | $56K |
| Other(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NA | 302 | $29K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 755 | — |
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.