| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KEY INSURANCE & BENEFIT SERVICES3 | 726 EXCHANGE ST SUITE 900 BUFFALO, NY 14210 | HIGHMARK | $30K | — | $30K | 0.31% |
| USI INSURANCE SERVICES LLC3 | 4TH FLOOR ONE INTERNATIONAL PLAZA PHILADELPHIA, PA 19113 | STANDARD INSURANCE COMPANY | $26K | — | $26K | 6.25% |
| EMERSON REID LLC3 Filed as: EMERSON REID AND CO INC. | 261 MADISON AVENUE SUITE 602 NEW YORK, NY 10016 | STANDARD INSURANCE COMPANY | $17K | — | $17K | 4.17% |
| DENNIS J MCGEE JR3 | 1 INT PLAZA SUITE 400 PHILADELPHIA, PA 19113 | STANDARD INSURANCE COMPANY | $9K | — | $9K | 2.08% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER INSURANCE | 2850 GOLF ROAD ROLLING MEADOWS, IL 60008 | ACE AMERICAN INSURANCE COMPANY | $9K | — | $9K | 15.00% |
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 | 762 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 265 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 167 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,194 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HIGHMARK | 1,398 | $9.6M |
| Dental | CAPITAL ADVANTAGE ASSURANCE COMPANY | 581 | $469K |
| Life insurance | STANDARD INSURANCE COMPANY | 745 | $414K |
| Short-term disability | STANDARD INSURANCE COMPANY | 745 | $414K |
| Long-term disability | STANDARD INSURANCE COMPANY | 745 | $414K |
| Prescription drug | HIGHMARK | 1,398 | $9.6M |
| Other | ACE AMERICAN INSURANCE COMPANY | 762 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,398 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.