| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALPHA BENEFITS INC3 Filed as: ALPHA BENEFITS | 4200 ROCKSIDE RD SUITE 300 CLEVELAND, OH 44131 | MEDICAL MUTUAL OF OHIO | $45K | $18K | $63K | 5.22% |
| ALPHA BENEFITS GROUP INC3 Filed as: ALPHA BENEFITS AGENCY INC | 4200 ROCKSIDE RD. STE 300 INDEPENDENCE, OH 441312530 | UNITED HEALTHCARE INSURANCE COMPANY | $3K | $20K | $23K | 3.99% |
| ALPHA BENEFITS INC3 Filed as: ALPHA BENEFITS INC. | 4200 ROCKSIDE ROAD SUITE 300 CLEVELAND, OH 44131 | AETNA LIFE INSURANCE CO. AND AFFIL. | $14K | — | $14K | 8.83% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALPHA BENEFITS, INC. EIN 34-1754192 | Insurance agents and brokers Service code 22 | — | $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 | 391 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 393 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | MEDICAL MUTUAL OF OHIO | 393 | $1.8M |
| Dental | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Vision | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Life insurance | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Short-term disability | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Long-term disability | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Prescription drug | MEDICAL MUTUAL OF OHIO | 125 | $1.2M |
| Other | AETNA LIFE INSURANCE CO. AND AFFIL. | 229 | $161K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 393 | — |
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.
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.