| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES, LLC | PO BOX 62889 VIRGINIA BEACH, VA 234662889 | RELIASTAR LIFE INSURANCE COMPANY | $569K | — | $569K | 12.26% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUCENT HEALTH EIN 39-1997579 NONE | Insurance services; Claims processing Service code 12 | — | $2.4M |
| METROPOLITAN LIFE INSURANCE COMPANY EIN 13-5581829 NONE | Claims processing; Contract Administrator Service code 12 | — | $182K |
| RELIASTAR EIN 41-0451140 NONE | Insurance services Service code 23 | — | $28K |
| BANK OF AMERICA EIN 94-1687665 NONE | Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $14K |
| APPRORX, LLC EIN 61-1581653 NONE | Plan Administrator Service code 14 | — | $0 |
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 | 5,545 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 18 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 5,563 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | EMPLOYER DIRECT HEALTHCARE, LLC | 8,544 | $340K |
| Vision | VISION SERVICE PLAN | 4,513 | $542K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 8,442 | $4.6M |
| Short-term disability | RELIASTAR LIFE INSURANCE COMPANY | 8,442 | $4.6M |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 8,442 | $4.6M |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 8,442 | $9.0M |
| Other(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 8,544 | $4.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,544 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.