| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | ONE INVESTORS WAY NORWOOD, MA 02062 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $24K | $36K | $60K | 8.28% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | ONE INVESTORS WAY NORWOOD, MA 02062 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $14K | $27K | $41K | 9.96% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | ONE INVESTORS WAY NORWOOD, MA 02062 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $11K | $4K | $15K | 18.33% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SEI TRUST INVESTMENT MANAGER | Trustee (bank, trust company, or similar financial institution) Service code 21 | 1 FREEDOM DRIVE OAKS, PA 19456 | $353K |
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 | 1,103 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 418 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,521 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES INC | 1,607 | $23.4M |
| Dental | DELTA DENTAL OF NEW JERSEY, INC. | 2,997 | $950K |
| Vision | HORIZON INSURANCE COMPANY | 1,521 | $256K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,266 | $410K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,117 | $728K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,266 | $410K |
| Prescription drug | HORIZON HEALTHCARE SERVICES INC | 1,500 | $6.7M |
| Other(2 contracts) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,266 | $494K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,997 | — |
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."
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.