| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHARON PLANNING CORPORATION3 Filed as: CHARON PLANNING CORPRATION | 2600 KELLY ROAD, SUITE 300 WARRINGTON, PA 18976 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $86K | $20K | $107K | 22.07% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRUDENTIAL EIN 22-1211670 NONE | Investment management fees paid directly by plan; Insurance mortality and expense charge Service code 51 | — | $1.2M |
| CONEXIS (DIV OF WAGEWORKS) NONE | Claims processing Service code 12 | 6191 STATE HIGHWAY 161 #400 IRVING, TX 75038 | $82K |
| BAKER TILLY VIRCHOW KRAUSE, LLP EIN 39-0859910 NONE | Accounting (including auditing) Service code 10 | — | $75K |
| KEYBANK, NA NONE | Investment management fees paid directly by plan Service code 51 | 100 PUBLIC SQUARE, SUITE 600 CLEVELAND, OH 44113 | $25K |
| JP MORGAN CHASE MANHATTAN BANK EIN 13-6755490 NONE | Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $14K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,646 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,646 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 2,302 | $483K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,302 | — |
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 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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.