| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS CONSULTING LLC3 | 101 PARK AVENUE 14TH FLOOR NEW YORK, NY 10178 | SECURIAN LIFE INSURANCE COMPANY | — | $124K | $124K | 2.21% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WILLIS TOWERS WATSON US LLC EIN 53-0181291 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $1.0M |
| WESTERN ASSET MANAGEMENT COMPANY EIN 95-2705767 NONE | Direct payment from the plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $176K |
| 3M COMPANY EIN 41-0417775 PLAN SPONSOR | Plan Administrator; Direct payment from the plan Service code 14 | — | $123K |
| CLIFTONLARSONALLEN LLP EIN 41-0746749 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $70K |
| NORTHERN TRUST INVESTMENTS EIN 36-3608252 NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $57K |
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Custodial (other than securities); Direct payment from the plan Service code 18 | — | $47K |
| SEYFARTH SHAW LLP EIN 36-2152202 NONE | Legal; Direct payment from the plan Service code 29 | — | $36K |
| KMPG LLP EIN 13-5565207 NONE | Other services; Direct payment from the plan Service code 49 | — | $33K |
| NEPC, LLC EIN 26-1429809 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $26K |
| PLANTE & MORAN, PLLC EIN 33-1498605 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $24K |
| STEVEN DOUGLAS ASSOCIATES LLC EIN 82-3141626 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $20K |
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 | 35,667 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 35,667 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SECURIAN LIFE INSURANCE COMPANY | 19,864 | $5.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 19,864 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.