| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC3 Filed as: LOCKTON GA - NORTHWEST | 2100 ROSS AVENUE, STE 1200 DALLAS, TX 75201 | TOKIO MARINE HCC LIFE INSURANCE CO. | $26K | — | $26K | 3.62% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX,INC. EIN 33-0441200 PHARMACY BENEFIT MANAGE | Direct payment from the plan; Claims processing; Other fees; Float revenue Service code 12 | — | $1.6M |
| UMR EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $378K |
| U.S.BANK NATIONAL ASSOCIATION EIN 31-0841368 N/A | Investment management fees paid indirectly by plan; Trustee (bank, trust company, or similar financial institution); Direct payment from the plan; Float revenue Service code 21 | — | $54K |
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 | 568 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 46 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 614 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC LIFE INSURANCE CO. | 615 | $726K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 615 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.