| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE SUITE 200 HUNT VALLEY, MD 21030 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $22K | $17K | $39K | 18.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AP BENEFIT ADVISORS LLC COMMISSIONS & DIRECT COMP | Claims processing; Insurance brokerage commissions and fees Service code 12 | 10 NORTH PARK DR STE 200 HUNT VALLEY, MD 21030 | $130K |
| CIGNA EIN 59-1031071 MED/VIS ADMIN FEES | Claims processing; Contract Administrator Service code 12 | — | $101K |
| UNITED PRODUCER GROUP LLC SERVICE/GEN. AGENT FEES | Claims processing; Insurance brokerage commissions and fees Service code 12 | 1439 STUART ENGALS BLVD UNIT 300 MOUNT PLEASANT, SC 29464 | $42K |
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 | 260 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 21 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 287 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 260 | $212K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 260 | $212K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 260 | $212K |
| Other | UNITED OF OMAHA LIFE INSURANCE COMPANY | 260 | $212K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 260 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.