| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FCE BENEFIT ADMINISTRATORS, INC.3 Filed as: FCE BENEFIT ADMINISTRATIONS, INC. | 1528 S. EL CAMINO REAL, SUITE 307 SAN MATEO, CA 94404 | AMERICAN FIDELITY | $30K | — | $30K | 9.00% |
| FCE BENEFIT ADMINISTRATORS, INC. | 1528 S. EL CAMINO REAL, SUITE 307 SAN MATEO, CA 94402 | COMPANION LIFE INSURANCE COMPANY, INC. | $0 | — | $0 | 0.00% |
| FCE BENEFIT ADMINISTRATORS, INC.5 | 1528 S. EL CAMINO REAL, SUITE 307 SAN MATEO, CA 94402 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $3K | $3K | 15.38% |
| FCE BENEFIT ADMINISTRATORS, INC.3 | 1528 S. EL CAMINO REAL, SUITE 307 SAN MATEO, CA 94402 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| FCE BENEFIT ADMINISTRATORS, INC.5 | 1528 S EL CAMINO REAL, SUIT 307 SAN MATEO, CA 94402 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $494 | $494 | 15.38% |
| FCE BENEFIT ADMINISTRATORS, INC.3 | 1528 S EL CAMINO REAL, SUIT 307 SAM MATEO, CA 94402 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $321 | — | $321 | 9.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FCE BENEFIT ADMINISTRATORS, INC. EIN 33-0330036 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Other insurance fees and expenses Service code 13 | 1528 S. EL CAMINO REAL, SUITE 307 SAN MATEO, CA 94402 | $116K |
| CIGNA HEALTH AND LIFE INSURANCE CO. EIN 59-1031071 NONE | Other services Service code 49 | PO BOX 645014 CINCINNATI, OH 452645014 | $20K |
| GLOBALCARE, INC. NONE | Other services Service code 49 | PO BOX. 743856 ALTANTA, GA 303743856 | $17K |
| INEICH & COMPANY, LLP EIN 56-2552172 NONE | Accounting (including auditing) Service code 10 | 950 TOLWER LANE, SUITE 780 FOSTER CITY, CA 94404 | $11K |
| FIDUCIARY PLAN MGMT SERVICES, INC. EIN 46-3922133 NONE | Trustee (directed); Accounting (including auditing) Service code 10 | 1 ALMADEN BLVD., SUITE 950 SAN JOSE, CA 95113 | $11K |
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 | 125 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 125 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | COMPANION LIFE INSURANCE COMPANY, INC. | 30 | $38K |
| Dental | COMPANION LIFE INSURANCE COMPANY, INC. | 30 | $38K |
| Vision | COMPANION LIFE INSURANCE COMPANY, INC. | 30 | $38K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 131 | $19K |
| Short-term disability | COMPANION LIFE INSURANCE COMPANY, INC. | 30 | $38K |
| Other(2 contracts, 2 carriers) | AMERICAN FIDELITY | 131 | $331K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 131 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.