| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $5K | $0 | $5K | 3.72% |
| SUNSTAR INSURANCE GROUP LLC3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $2K | $0 | $2K | 1.28% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $6K | $0 | $6K | 9.86% |
| SUNSTAR INSURANCE GROUP LLC3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $5K | $0 | $5K | 8.45% |
| M2 ADVISORS DIRECT3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $5K | $0 | $5K | 9.87% |
| SUNSTAR INSURANCE GROUP LLC3 | 3636 S. GEYER RD #110 ST. LOUIS, MO 63127 | STANDARD INSURANCE COMPANY | $4K | $0 | $4K | 8.42% |
| SUNSTAR INSURANCE GROUP LLC3 Filed as: SUNSTAR INSURANCE GROUP LLA | DBA CERTIFIED PROCESSING CORP 3636 SOUTH GEYER RD #110 ST. LOUIS, MO 63127 | EYE MED | $2K | $0 | $2K | 10.80% |
| SUNSTAR INSURANCE GROUP LLC3 Filed as: SUNSTAR INSURANCE GROUP | LLC DBA CERTIFIED PROCESSING CORP 9201 WATSON ROAD ST. LOUIS, MO 63126 | EYE MED | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERCY ADMINISTRATORS, LLC EIN 47-2761435 NONE | Direct payment from the plan; Plan Administrator Service code 14 | — | $446K |
| HEALTHLINC, INC. EIN 43-1364135 NONE | Plan Administrator; Direct payment from the plan Service code 14 | — | $22K |
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 | 224 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 229 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STANDARD INSURANCE COMPANY | 207 | $133K |
| Vision | EYE MED | 403 | $22K |
| Life insurance | STANDARD INSURANCE COMPANY | 276 | $51K |
| Long-term disability | STANDARD INSURANCE COMPANY | 276 | $56K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 403 | — |
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.