| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STERLING BENEFIT ADVISORS3 Filed as: STERLING BENEFIT ADVISORS INC. | 1173 JEFFERSON GREEN CIRCLE, UNIT3A MIDLOTHIAN, VA 23113 | EXPRESS SCRIPTS, INC | $42K | — | $42K | 2.72% |
| SIERRA HEALTH AND LIFE INSURANCE CO3 | 4316 RICE LAKE ROAD DULUTH, MN 55811 | UNITED HEALTH CARE GROUP | $60K | — | $60K | 7.61% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ANTHEM INSURANCE COMPANIES INC EIN 35-0781558 NONE | Other services; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing Service code 12 | — | $390K |
| STEWART C. MILLER & COMPANY, INC EIN 35-1820020 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $367K |
| FOSTER AND FOSTER INC EIN 59-1921114 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $94K |
| EXPRESS SCRIPTS DBA MEDCO EIN 22-3461740 NONE | Claims processing; Contract Administrator Service code 12 | — | $76K |
| MERRILL LYNCH NONE | Direct payment from the plan; Investment management Service code 28 | 2021 SPRING ROAD, SUITE 700 OAK BROOK, IL 60523 | $59K |
| WRIGHT INVESTORS SERVICES EIN 06-1444342 NONE | Investment management; Soft dollars commissions; Direct payment from the plan; Investment management fees paid directly by plan Service code 28 | — | $49K |
| LAKESIDE WEALTH MANAGEMENT EIN 20-4455433 NONE | Investment advisory (plan); Direct payment from the plan Service code 27 | — | $38K |
| MD SASS ASSOCIATES EIN 13-2704843 NONE | Soft dollars commissions; Direct payment from the plan; Investment management; Investment management fees paid indirectly by plan Service code 28 | — | $30K |
| SEGALL BRYANT & HAMILL EIN 41-1788385 NONE | Soft dollars commissions; Investment management; Direct payment from the plan; Investment management fees paid indirectly by plan Service code 28 | — | $30K |
| MED-CARE MANAGEMENT EIN 88-0429522 NONE | Other services; Direct payment from the plan Service code 49 | — | $27K |
| AMALGAMATED BANK OF CHICAGO EIN 36-0721895 NONE | Investment management fees paid indirectly by plan; Float revenue; Investment management Service code 28 | — | $26K |
| U.S. BANK NONE | Soft dollars commissions; Custodial (securities); Direct payment from the plan; Float revenue Service code 19 | 777 E. WISCONSIN AVE MILWAUKEE, WI 53202 | $26K |
| LEGACY PROFESSIONALS LLP EIN 32-0043599 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $24K |
| RED CARD SYSTEMS LLC EIN 20-5388701 NONE | Direct payment from the plan; Copying and duplicating Service code 36 | — | $22K |
| ASHER, GITTLER & D'ALBA, LTD EIN 36-2786883 NONE | Legal; Direct payment from the plan Service code 29 | — | $14K |
| ISU - UNDERWOOD AGENCY EIN 35-1975594 NONE | Insurance services; Direct payment from the plan; Insurance brokerage commissions and fees Service code 23 | — | $11K |
| DENTAL NETWORK OF AMERICA EIN 36-3339483 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $10K |
| JP MORGAN CHASE BANK N.A. EIN 13-4994650 NONE | Direct payment from the plan; Float revenue Service code 50 | — | $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 | 744 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 398 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,142 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTH CARE GROUP | 525 | $789K |
| Life insurance | UNION LABOR LIFE INSURANCE COMPANY | 740 | $68K |
| Prescription drug | EXPRESS SCRIPTS, INC | 499 | $1.5M |
| Stop-loss / reinsurancereinsurance | FIDELITY SECURITY LIFE INSURANCE COMPANY | 821 | $302K |
| Other | UNION LABOR LIFE INSURANCE COMPANY | 740 | $68K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 821 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.