| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEALTH PARTNER GROUP LLC3 | 18700 N HAYDEN ROAD, SUITE 405 SCOTTSDALE, AZ 85255 | SUN LIFE ASSURANCE COMPANY OF CANADA | $1.1M | $256K | $1.4M | 23.08% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SOUTHERN BENEFIT ADMINISTRATORS EIN 62-1116095 NONE | Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Contract Administrator Service code 12 | 2001 CALDWELL DR GOODLETSVILLE, TN 37072 | $592K |
| MOONEY, GREEN, SAINDON, MURPHY & WE EIN 52-1958229 NONE | Legal; Direct payment from the plan Service code 29 | 1920 L STREET STE 400 WASHINGTON, DC 20036 | $43K |
| SEGAL SELECT INSURANCE EIN 46-0619194 NONE | Insurance services; Direct payment from the plan Service code 23 | 1111 SUPERIOR AVE, SUITE 2340 CLEVELAND, OH 44114 | $38K |
| CALIBRE CPA GROUP PLLC EIN 47-0900880 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 7501 WISCONSIN AVE BETHESDA, MD 20814 | $18K |
| CLEARSTEAD ADVISORS, LLC EIN 34-1597728 NONE | Investment management; Direct payment from the plan Service code 28 | 1100 SUPERIOR AVENUE EAST, SUITE 70 CLEVELAND, OH 44114 | $14K |
| US BANK NONE | Investment management; Direct payment from the plan Service code 28 | PO BOX 70870 ST. PAUL, MN 55170 | $7K |
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 | 42,032 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 42,032 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 4,604 | $5.9M |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 4,604 | $5.9M |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 4,604 | $5.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,604 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.