| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC Filed as: MERCER | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60671 | SUN LIFE ASSURANCE OF CANADA | $799K | — | $799K | 13.00% |
| INSMED INS AGENCY INC | 500 MAMARONECK AVE STE 408 HARRISON, NY 10528 | GUARDIAN LIFE INSURANCE COMPANY | $7K | — | $7K | 7.00% |
| INTERNATIONAL PLANNING ALLIANCE | ONE CRAIGWOOD ROAD SOUTH PLAINFIELD, NJ 07080 | GUARDIAN LIFE INSURANCE COMPANY | $136 | — | $136 | 0.14% |
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 | 17,962 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 17,962 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 38,187 | $115.8M |
| Dental(2 contracts, 2 carriers) | PENN DENTAL | 46,428 | $3.2M |
| Vision | INDEPENDENCE BLUE CROSS | 15,242 | $703K |
| Life insurance | SUN LIFE ASSURANCE OF CANADA | 27,052 | $6.1M |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY | 1,578 | $98K |
| Other | PENN BEHAVIORAL HEALTH | 22,664 | $6.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 46,428 | — |
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.
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.