| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS AND COMPENSATION3 | SYSTEMS INC 99 PARK AVE FL 25 NEW YORK, NY 100161601 | METROPOLITAN LIFE INSURANCE COMPANY | — | $137K | $137K | 1.85% |
| AMERICAN BENEFITS AND COMPENSATION3 | SYSTEMS INC 99 PARK AVE FL 25 NEW YORK, NY 100161601 | METROPOLITAN LIFE INSURANCE COMPANY | — | $66K | $66K | 1.85% |
| AMERICAN BENEFITS AND COMPENSATION3 | SYSTEMS INC 99 PARK AVE FL 25 NEW YORK, NY 100161601 | METROPOLITAN LIFE INSURANCE COMPANY | — | $15K | $15K | 1.87% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TOWERS WATSON EIN 26-0676603 NONE | Participant communication; Direct payment from the plan Service code 38 | — | $3.6M |
| HIGHMARK EIN 23-1294723 NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $1000K |
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 NONE | Direct payment from the plan; Contract Administrator; Claims processing Service code 12 | — | $913K |
| UNITED HEALTHCARE EIN 47-0676824 NONE | Contract Administrator; Direct payment from the plan; Claims processing Service code 12 | — | $416K |
| NORTHERN TRUST NONE | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | 526 EAST WISCONSIN AVENUE MILWAUKEE, WA 53202 | $161K |
| CAPITAL GROUP COMPANIES INC EIN 86-0206507 NONE | Other services; Direct payment from the plan Service code 49 | — | $126K |
| CIGNA NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | PO BOX 15964 WILMINGTON, DE 19580 | $123K |
| RUANE, CUNNIFF & GOLDFARB LLC EIN 77-0615921 NONE | Investment advisory (plan); Direct payment from the plan Service code 27 | — | $118K |
| PIMCO EIN 69-3390726 NONE | Investment management; Direct payment from the plan Service code 28 | — | $117K |
| CROWE LLP EIN 35-0921680 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $28K |
| BELL LITHO EIN 36-2550923 NONE | Direct payment from the plan; Other services; Copying and duplicating; Participant communication Service code 36 | — | $26K |
| ANDERSON TAX NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Other services Service code 15 | 100 CAMPUS DRIVE SUITE 100 FLORHAM PARK, NJ 07932 | $8K |
| UNITED CONCORDIA EIN 25-1687589 NONE | Other services; Direct payment from the plan Service code 49 | — | $8K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 30,978 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 30,978 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHYSICIANS PLUS INSURANCE CORP | 377 | $4.6M |
| Life insurance(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 26,529 | $11.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 26,529 | — |
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.