| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAIN HEALTH3 | ONE SOUTH WACKER, SUITE 1300 CHICAGO, IL 60606 | TOKIO MARINE HCC | $27K | — | $27K | 7.81% |
| USI INSURANCE SERVICES LLC3 Filed as: USI MIDWEST | 312 ELM STREET CINCINNATI, OH 45202 | DENTAL CARE PLUS | $813 | — | $813 | 0.44% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES, LLC | 312 ELM STREET, 24TH FLOOR CINCINNATI, OH 45202 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | — | $8K | 5.89% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MCGOHAN BRABENDER, INC. | 3931 SOUTH DIXIE DRIVE DAYTON, OH 45439 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $536 | $536 | 0.39% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE | POST OFFICE BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE | $3K | — | $3K | 2.91% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MCGOHAN BRABENDER, INC. | 3931 SOUTH DIXIE DRIVE DAYTON, OH 45439 | LINCOLN NATIONAL LIFE | $0 | $400 | $400 | 0.39% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES, LLC | PO BOX 62889 VIRGINIA BEACH, VA 23466 | EYEMED | $1K | — | $1K | 5.08% |
| HORAN ASSOCIATES INC.3 Filed as: HORAN | 4990 EAST GALBRAITH ROAD CINCINNATI, OH 45236 | PROVIDENT LIFE | $6K | $2K | $8K | 30.64% |
| M FINANCIAL HOLDINGS INC3 Filed as: M FINANCIAL | 1125 NW COUCH STREET PORTLAND, OR 97209 | PROVIDENT LIFE | — | $18 | $18 | 0.07% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS | GPO 27447 NEW YORK, NY 10087 | PROVIDENT LIFE | $79 | — | $79 | 1.98% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MCGOHAN BRABENDER, INC. | 3931 SOUTH DIXIE DRIVE DAYTON, OH 45439 | LINCOLN NATIONAL LIFE | $0 | $10 | $10 | 0.45% |
| HORAN ASSOCIATES INC.3 Filed as: HORAN | 4990 EAST GALBRAITH ROAD CINCINNATI, OH 45236 | PROVIDENT LIFE | $104 | $5 | $109 | 13.81% |
| M FINANCIAL HOLDINGS INC3 Filed as: M FINANCIAL | 1125 NW COUCH STREET PORTLAND, OR 97209 | PROVIDENT LIFE | $0 | $17 | $17 | 2.15% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE | POST OFFICE BOX 62889 VIGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE | $2K | — | $2K | — |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MCGOHAN BRABENDER, INC. | 3931 SOUTH DIXIE DRIVE DAYTON, OH 45439 | LINCOLN NATIONAL LIFE | $0 | $162 | $162 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 ADMINISTRATOR AND BROKER | Other commissions; Claims processing Service code 12 | — | $99K |
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 | 218 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 222 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DENTAL CARE PLUS | 522 | $187K |
| Vision | EYEMED | 461 | $29K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 217 | $139K |
| Short-term disability | PROVIDENT LIFE | 1 | $4K |
| Long-term disability(4 contracts, 3 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 217 | $267K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC | 204 | $351K |
| Other(3 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 217 | $141K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 522 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.