| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INCENTIVE SYSTEMS INC3 Filed as: INCENTIVE SYSTEMS | 980 JOLLY ROAD, SUITE 100 BLUE BELL, PA 19422 | RELIANCE LIFE INSURANCE COMPANY | $12K | — | $12K | 14.19% |
| GIS OF ILLINOIS3 Filed as: GIS BENEFITS INC. 70-5383 | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE LIFE INSURANCE COMPANY | $4K | — | $4K | 5.00% |
| GIS OF ILLINOIS3 Filed as: GIS BENEFITS INC. 70-5627 | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE LIFE INSURANCE COMPANY | — | $1K | $1K | 1.61% |
| GIS OF ILLINOIS3 Filed as: GIS BENEFITS INC. 70-8714 | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE LIFE INSURANCE COMPANY | $274 | — | $274 | 0.31% |
| INCENTIVE SYSTEMS INC3 | 980 JOLLY ROAD SUITE 100 BLUE BELL, PA 19422 | VISION SERVICE PLAN | $1K | — | $1K | 5.22% |
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 | 376 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 376 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 111 | $22K |
| Life insurance | RELIANCE LIFE INSURANCE COMPANY | 376 | $88K |
| Long-term disability | RELIANCE LIFE INSURANCE COMPANY | 376 | $88K |
| Stop-loss / reinsurancereinsurance(3 contracts, 3 carriers) | SIRIUSPOINT AMERICA INSURANCE COMPANY | 190 | $1.3M |
| Other | RELIANCE LIFE INSURANCE COMPANY | 376 | $88K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 376 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.