| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TOPBENEFITS LLC3 | 3 BATTERYMARCH 4TH FL QUINCY, MA 02169 | DEARBORN NATIONAL LIFE INSURANCE COMPANY | $134K | $8K | $142K | 2.57% |
| CLARITY BENEFIT CONSULTING LLC5 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 300097630 | DEARBORN NATIONAL LIFE INSURANCE COMPANY | — | $21K | $21K | 0.38% |
| BENEFIT ADVISORS SERVICES GROUP LLC3 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 300097630 | DEARBORN NATIONAL LIFE INSURANCE COMPANY | $18K | — | $18K | 0.33% |
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 | 63,272 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 63,272 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 60,208 | $5.5M |
| Other | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 60,208 | $5.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 60,208 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.