| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS & COMP SYSTEMS3 Filed as: AMERICAN BENEFITS & COMP SYSTEM INC | 99 PARK AVENUE 25TH FLOOR NEW YORK, NY 10016 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $24K | — | $24K | 1.06% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MELLON CAPITAL MANAGEMENT EIN 25-1442864 NONE | Investment management fees paid directly by plan; Soft dollars commissions; Other services; Direct payment from the plan; Investment management; Investment management fees paid indirectly by plan Service code 28 | — | $708K |
| THE BANK OF NY MELLON EIN 13-5160382 NONE | Investment management fees paid directly by plan; Trustee (bank, trust company, or similar financial institution); Investment management; Direct payment from the plan; Other services; Custodial (other than securities); Custodial (securities) Service code 18 | — | $249K |
| GRANTHAM,MAYO,VAN OTTERLOO&CO (GMO) EIN 04-2691242 NONE | Soft dollars commissions; Investment management fees paid indirectly by plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $240K |
| LOOMIS SAYLES & COMPANY EIN 04-3200030 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $120K |
| WESTERN ASSET MANAGEMENT CO (WAMCO) EIN 95-2705767 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $109K |
| BLACKROCK INSTITUTIONAL TRUST EIN 94-3112180 NONE | Trustee (discretionary); Soft dollars commissions; Trustee (bank, trust company, or similar financial institution); Direct payment from the plan; Investment management fees paid indirectly by plan; Investment management fees paid directly by plan; Investment management Service code 21 | — | $85K |
| GOLDMAN SACHS ASSET MANAGEMENT EIN 13-3575636 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $82K |
| ROBECO INVESTMENT MANAGEMENT EIN 98-0202744 NONE | Other investment fees and expenses; Investment management fees paid indirectly by plan; Investment management; Investment management fees paid directly by plan; Securities brokerage commissions and fees Service code 28 | — | $78K |
| JACOBS LEVY EQUITY MANAGEMENT EIN 22-2774695 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $54K |
| KPMG LLP EIN 13-5565207 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $53K |
| PRUDENTIAL INSURANCE CO EIN 22-1211670 NONE | Investment management; Investment management fees paid indirectly by plan; Insurance agents and brokers; Investment management fees paid directly by plan; Soft dollars commissions; Contract Administrator Service code 13 | — | $45K |
| THOMPSON HINE LLP EIN 34-0575300 NONE | Legal; Direct payment from the plan Service code 29 | — | $27K |
| COMPSYCH | Other insurance fees and expenses; Contract Administrator Service code 13 | — | $27K |
| MITCHELL & TITUS EIN 13-2781641 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $20K |
| JPM INVESTMENT MANAGEMENT EIN 13-3200244 NONE | Investment management; Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | — | $14K |
| PARAMETRIC PORTFOLIO ASSOCIATE EIN 20-0292745 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $11K |
| PROSKAUER ROSE LLP EIN 13-1840454 NONE | Legal; Direct payment from the plan Service code 29 | — | $7K |
| GAMCO ASSET MANAGEMENT INC. EIN 13-4044521 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $6K |
| GENESIS ASSET MANAGERS LLP EIN 98-0452769 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $5K |
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 | 17,139 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 38,176 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 55,315 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(12 contracts, 12 carriers) | KAISER FOUNDATION HEALTH PLAN OF MID-ATLANTIC | 1,731 | $17.6M |
| Dental | AETNA INC | 9,104 | $2.2M |
| Life insurance(3 contracts) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 29,537 | $32.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 29,537 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.