| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RM BENEFIT CONSULTANTS, INC.3 | 6101 CENTER ST, UNIT 106 MENTOR, OH 44060 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $24K | $24K | 1.50% |
| ALPHA BENEFITS INC3 Filed as: ALPHA BENEFITS INC. | 4200 ROCKSIDE ROAD #300 CLEVELAND, OH 44131 | MEDICAL MUTUAL | $5K | $4K | $9K | 2.55% |
| RM BENEFIT CONSULTANTS, INC.3 | 30432 EUCLID AVENUE, SUITE 115 WICKLIFFE, OH 44092 | COMMUNITY INSURANCE COMPANY | $6K | — | $6K | 5.00% |
| RM BENEFIT CONSULTANTS, INC.3 | 6101 CENTER ST, UNIT 106 MENTOR, OH 44060 | 5STAR LIFE INSURANCE COMPANY | $7K | — | $7K | 18.45% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENESYS, INC. EIN 38-2383171 NONE | Claims processing Service code 12 | 33 FITCH BLVD. AUSTINTOWN, OH 44515 | $34K |
| BARNES WENDLING CPAS, INC. EIN 34-1463411 NONE | Accounting (including auditing) Service code 10 | 1350 EUCLID AVENUE, SUITE 1400 CLEVELAND, OH 44114 | $16K |
| MCDONALD PARTNERS LLC EIN 20-2714559 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Recordkeeping fees; Investment advisory (plan); Other investment fees and expenses; Direct payment from the plan; Other services Service code 15 | 1301 EAST 9TH STREET, SUITE 3700 CLEVELAND, OH 44114 | $13K |
| KADISH, HINKEL AND WEIBEL EIN 34-1168263 NONE | Insurance agents and brokers Service code 22 | 1360 E. 9TH STREET, SUITE 400 CLEVELAND, OH 44114 | $9K |
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 | 137 | Currently employed and enrolled or eligible. |
| Retired/separated still eligible | 53 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 114 | $1.9M |
| Dental | COMMUNITY INSURANCE COMPANY | 126 | $117K |
| Life insurance | 5STAR LIFE INSURANCE COMPANY | 270 | $38K |
| Prescription drug | MEDICAL MUTUAL | 114 | $338K |
| Other | 5STAR LIFE INSURANCE COMPANY | 270 | $38K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 270 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.