| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAVID M. BANET & ASSOCIATES3 Filed as: DAVID M. BANET & ASSOCIATES, INC | 45 DOWLIN FORGE FOAD EXTON, PA 19341 | INDEPENDENCE BLUE CROSS PERSONAL CHOICE | $53K | — | $53K | 5.32% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 408 KENNET SQUARE, PA 19348 | UNITED HEALTHCARE INSURANCE | $8K | — | $8K | 15.00% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 429 UNIONVILLE, PA 19375 | NATIONWIDE LIFE INSURANCE COMPANY VOL AD&D/LIFE | $3K | — | $3K | 11.39% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 429 UNIONVILLE, PA 19375 | NATIONWIDE LIFE INSURANCE COMPANY VOL STD | $2K | — | $2K | 12.16% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 429 UNIONVILLE, PA 19375 | AFLAC | $1K | — | $1K | 11.29% |
| MICHAEL F. RANDLER, JR.3 | PO BOX 429 UNIONVILLE, PA 19375 | AFLAC | $1K | — | $1K | 11.27% |
| FREDERICK W WILSON III3 Filed as: FREDERICK W. WILSON III | 573 BELLEVUE ROAD NEWARK, DE 19713 | AFLAC | $769 | — | $769 | 7.19% |
| KENNA M ULBINSKY YAKAL | 605 TAMARA CIRCLE NEWARK, DE 19711 | AFLAC | $694 | — | $694 | 6.49% |
| LEILA RAPPAPORT | 123 MENDEL COURT BEAR, DE 19701 | AFLAC | $531 | — | $531 | 4.97% |
| ALBERT SHUST | 200 CENTENNIAL AVE, STE 105 PISCATAWAY, NJ 08854 | AFLAC | $432 | — | $432 | 4.04% |
| AUTUMN STROHMAIER | 254 CHAPMAN ROAD, STE 203 NEWARK, DE 19702 | AFLAC | $359 | — | $359 | 3.36% |
| AUTUMN STROHMAIER | 501 SILVERSIDE RAOD, STE 42 WILMINGTON, DE 19809 | AFLAC | $273 | — | $273 | 2.55% |
| ZACHARY WISLER | 254 CHAPMAN ROAD, STE 203 NEWARK, DE 19702 | AFLAC | $11 | — | $11 | 0.10% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 429 UNIONVILLE, PA 19375 | NATIONWIDE LIFE INSURANCE COMPANY BSC AD&D/LIFE | $1K | — | $1K | 11.82% |
| DAVID M. BANET & ASSOCIATES3 Filed as: DAVID M. BANET & ASSOCIATES, INC | 45 DOWLIN FORGE FOAD EXTON, PA 19341 | INDEPENDENCE BLUE CROSS MAJOR MEDICAL | $0 | — | $0 | 0.00% |
| LIFE & HEALTH SERVICES INC3 | PO BOX 408 KENNET SQUARE, PA 19348 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $736 | — | $736 | 15.00% |
| DAVID M. BANET & ASSOCIATES3 Filed as: DAVID M. BANET & ASSOCIATES, INC | 45 DOWLIN FORGE FOAD EXTON, PA 19341 | INDEPENDENCE BLUE CROSS | $165 | — | $165 | 14.07% |
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 | 315 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 315 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 4 carriers) | INDEPENDENCE BLUE CROSS PERSONAL CHOICE | 181 | $1.1M |
| Vision | INDEPENDENCE BLUE CROSS PERSONAL CHOICE | 181 | $998K |
| Life insurance(2 contracts, 2 carriers) | NATIONWIDE LIFE INSURANCE COMPANY VOL AD&D/LIFE | 294 | $41K |
| Short-term disability | NATIONWIDE LIFE INSURANCE COMPANY VOL STD | 47 | $14K |
| Long-term disability(2 contracts, 2 carriers) | AFLAC | 32 | $16K |
| Prescription drug | INDEPENDENCE BLUE CROSS PERSONAL CHOICE | 181 | $998K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 294 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.