| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $13K | $0 | $13K | 10.00% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $970 | $0 | $970 | 0.77% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $9K | $0 | $9K | 19.19% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $650 | $0 | $650 | 1.32% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $10K | $0 | $10K | 20.00% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $691 | $0 | $691 | 1.41% |
| CERTIFIED PROCESSING CORP3 Filed as: CERTIFIED PROCESSING CORPORATION | MEYER INSURANCE 9201 WATSON ROAD ST. LOUIS, MO 63126 | EYE MED | $2K | $0 | $2K | 10.54% |
| SUNSTAR INSURANCE GROUP LLC3 Filed as: SUNSTAR INSURANCE GROUP | LLC DBA CERTIFIED PROCESSING CORP 9201 WATSON ROAD ST. LOUIS, MO 63126 | EYE MED | $164 | $0 | $164 | 0.79% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERCY ADMINISTRATORS, LLC EIN 47-2761435 NONE | Plan Administrator; Direct payment from the plan Service code 14 | — | $420K |
| HEALTHLINC, INC. EIN 43-1364135 NONE | Plan Administrator; Direct payment from the plan Service code 14 | — | $14K |
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 | 205 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 206 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STANDARD INSURANCE COMPANY | 191 | $126K |
| Vision | EYE MED | 370 | $21K |
| Life insurance | STANDARD INSURANCE COMPANY | 257 | $49K |
| Long-term disability | STANDARD INSURANCE COMPANY | 257 | $49K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 370 | — |
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.