| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HEFFERNAN INSURANCE BROKERS3 | 16100 SWINGLEY RD. STE. 250 CHESTERFIELD, MO 63017 | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | $70K | — | $70K | 3.33% |
| HEFFERNAN INSURANCE BROKERS3 | 1350 CARLBACK AVENUE WALNUT CREEK, CA 94596 | UNION SECURITY INSURANCE COMPANY | $30K | $6K | $36K | 14.24% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC. | 80 SO. 8TH ST. STE. 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $1K | — | $1K | 0.46% |
| HEFFERNAN INSURANCE BROKERS3 | 16100 SWINGLEY RD. CHESTERFIELD, MO 63017 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 7.64% |
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 | 444 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 447 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | 320 | $2.1M |
| Dental | UNION SECURITY INSURANCE COMPANY | 581 | $250K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 372 | $27K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 581 | $250K |
| Short-term disability | UNION SECURITY INSURANCE COMPANY | 581 | $250K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 581 | $250K |
| Prescription drug | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | 320 | $2.1M |
| Other | UNION SECURITY INSURANCE COMPANY | 581 | $250K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 581 | — |
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.
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.