| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $27K | $43K | $70K | 12.96% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $24K | $39K | $64K | 12.99% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $30K | $16K | $46K | 22.97% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $33K | $13K | $47K | 27.92% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $21K | $8K | $29K | 27.80% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $2K | $4K | 23.73% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR #200 HUNT VALLEY, MD 21030 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $88K | $46K | $133K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HIGHMARK EIN 23-1294723 MED/RX | Contract Administrator; Claims processing Service code 12 | — | $1.7M |
| EXPRESS SCRIPTS, INC. EIN 43-1420563 RX ADMIN | Claims processing; Contract Administrator Service code 12 | — | $362K |
| AP BENEFIT ADVISORS, LLC EIN 30-0837157 COBRA/FSA/ BENEFIT ADMIN | Contract Administrator; Claims processing Service code 12 | — | $210K |
| UNITED CONCORDIA EIN 25-1687586 DENTAL ADMIN | Contract Administrator; Claims processing Service code 12 | — | $172K |
| BDO USA, LLC EIN 13-5381590 AUDITOR/ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $79K |
| CAREBRIDGE CORPORATION EIN 23-2614764 EAP | Claims processing; Contract Administrator Service code 12 | — | $51K |
| CONRAD M SIEGEL, INC. EIN 23-1669823 ACTUARIAL SERVICES | Claims processing; Contract Administrator Service code 12 | — | $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 | 3,436 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 47 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 132 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,615 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HIGHMARK, INC. | 3,826 | $236K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 2,521 | $280K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 3,436 | $538K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 476 | $200K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 3,396 | $489K |
| Other(5 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 3,436 | $828K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,826 | — |
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.