| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | SECURIAN LIFE INSURANCE COMPANY | $8K | $3K | $11K | 7.60% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 4565 PAYSPHERE CIR CHICAGO, IL 60674 | SECURIAN LIFE INSURANCE COMPANY | $572 | $171 | $743 | 9.10% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY EIN 13-5581829 N/A | Direct payment from the plan; Insurance services; Investment management; Other services Service code 23 | — | $2.2M |
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 N/A | Direct payment from the plan; Other services; Claims processing Service code 12 | — | $1.9M |
| LIFEWORKS (US) LTD. EIN 52-1883918 N/A | Direct payment from the plan; Consulting (general) Service code 16 | — | $1.6M |
| NORTHERN TRUST COMPANY EIN 36-1561860 N/A | Investment management fees paid directly by plan; Investment advisory (plan); Float revenue; Trustee (bank, trust company, or similar financial institution); Direct payment from the plan; Investment management Service code 21 | — | $730K |
| MORGAN STANLEY INVESTMENT MGMT LTD EIN 13-0057834 N/A | Investment management; Investment management fees paid directly by plan Service code 28 | — | $545K |
| BURGUNDY ASSET MANAGEMENT EIN 98-0407588 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $309K |
| SANDERSON ASSET MANAGEMENT EIN 13-4169008 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $218K |
| VULCAN VALUE PARTNERS EIN 39-2051712 N/A | Investment management; Investment management fees paid directly by plan Service code 28 | — | $187K |
| PACIFIC INVESTMENT MANAGEMENT CO EIN 33-0629048 N/A | Investment management; Investment management fees paid directly by plan Service code 28 | — | $145K |
| WESTERN ASSET MANAGEMENT EIN 95-2705767 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $144K |
| WILLIS TOWERS WATSON EIN 53-0181291 N/A | Direct payment from the plan; Actuarial Service code 11 | — | $121K |
| NISA INVESTMENT ADVISORS EIN 48-1140940 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $103K |
| CORONATION EIN 20-3515052 N/A | Investment management; Investment management fees paid directly by plan Service code 28 | — | $99K |
| DELTA EIN 38-1791480 N/A | Contract Administrator; Direct payment from the plan; Non-monetary compensation; Claims processing; Float revenue; Other services; Participant communication Service code 12 | — | $93K |
| LEGAL & GENERAL INVESTMENT EIN 20-8058531 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $63K |
| EPOCH INVESTMENT PARTNERS EIN 20-1003862 N/A | Investment management fees paid directly by plan; Investment management Service code 28 | — | $51K |
| VISION SERVICE PLAN EIN 31-1072574 N/A | Other services; Direct payment from the plan; Claims processing Service code 12 | — | $15K |
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 | 2,216 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,216 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | KAISER FOUNDATION HEALTH PLAN, INC. | 67 | $783K |
| Life insurance(2 contracts) | SECURIAN LIFE INSURANCE COMPANY | 1,870 | $153K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,870 | — |
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.