| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NEWPORT GROUP SECURITIES, INC.3 | 300 PRIMERA BOULEVARD SUITE 200 LAKE MARY, FL 327462156 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $244K | — | $244K | 0.85% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRUDENTIAL BANK & TRUST COMPANY EIN 58-0513395 NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $4.5M |
| PRUDENTIAL INSURANCE COMPANY EIN 22-1211670 NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $3.2M |
| BSWIFT LLC EIN 36-4391310 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $799K |
| ALIGHT SOLUTIONS LLC EIN 82-1061233 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $423K |
| AON CONSULTING EIN 22-2232264 NONE | Consulting (pension); Actuarial Service code 11 | — | $135K |
| MERCER INVESTMENT CONSULTING EIN 61-0736136 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $60K |
| BAKER TILLY US, LLP EIN 39-0859910 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $40K |
| NORTHERN TRUST COMPANY EIN 36-1561860 NONE | Direct payment from the plan; Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $23K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10,414 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 10,414 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | SIERRA HEALTH AND LIFE INSURANCE COMPANY,INC. | 3,840 | $2.5M |
| Life insurance(2 contracts) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 8,001 | $32.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,001 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.