| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENCHMARK BENEFITS, INC.3 Filed as: BENCHMARK BENEFITS INC | 16255 VENTURA BOULEVARD, SUITE 445 ENCINO, CA 91436 | AETNA LIFE INSURANCE CO. | $87K | $0 | $87K | 7.24% |
| BENCHMARK BENEFITS, INC.3 Filed as: BENCHMARK BENEFITS INC | 16255 VENTURA BOULEVARD, SUITE 445 ENCINO, CA 91436 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $13K | $0 | $13K | 10.14% |
| BENCHMARK BENEFITS, INC.3 Filed as: BENCHMARK BENEFITS INC | 16255 VENTURA BOULEVARD, SUITE 445 ENCINO, CA 91436 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $13K | $0 | $13K | 11.16% |
| MICHAEL C. HAYES3 | 16255 VENTURA BOULEVARD, SUITE 445 ENCINO, CA 91436 | ARAG INSURANCE COMPANY | $51 | $0 | $51 | 5.04% |
No Schedule C service providers reported on this filing.
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 | 117 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 12 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 129 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 132 | $1.8M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 125 | $126K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 117 | $116K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 117 | $116K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 117 | $116K |
| Prescription drug(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 132 | $1.8M |
| Other(3 contracts, 3 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 117 | $164K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 132 | — |
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."
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.