| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 80 S 8TH STE 700 MINNEAPOLIS, MN 55402 | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | $63K | — | $63K | 3.82% |
| HEFFERNAN INSURANCE BROKERS3 | 16100 SWINGLEY RD. STE. 250 CHESTERFIELD, MO 63017 | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | -$804 | — | -$804 | -0.05% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC. | 80 SO. 8TH ST. STE. 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $28K | — | $28K | 14.99% |
| HEFFERNAN INSURANCE BROKERS3 | 1350 CARLBACK AVENUE WALNUT CREEK, CA 94596 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 1.12% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 16091 SWINGLEY RIDGE RD, STE 160 CHESTERFIELD, MO 63017 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 7.20% |
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 | 284 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 286 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | 213 | $1.7M |
| Dental | UNION SECURITY INSURANCE COMPANY | 285 | $186K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 270 | $23K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 285 | $186K |
| Short-term disability | UNION SECURITY INSURANCE COMPANY | 285 | $186K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 285 | $186K |
| Prescription drug | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | 213 | $1.7M |
| Other | UNION SECURITY INSURANCE COMPANY | 285 | $186K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 285 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.