| 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 | $0 | $126K | $126K | 2.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALIGHT EIN 82-1061233 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Other fees Service code 15 | — | $1.7M |
| NORTHERN TRUST COMPANY EIN 36-2723087 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $603K |
| WESTERN ASSET MANAGEMENT COMPANY EIN 95-2705767 NONE | Investment management; Other commissions; Investment management fees paid directly by plan Service code 28 | — | $195K |
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Direct payment from the plan; Custodial (other than securities) Service code 18 | — | $90K |
| MILLIMAN, INC EIN 91-0675641 NONE | Other fees; Consulting (general) Service code 16 | — | $86K |
| ERNST & YOUNG LLP EIN 34-6565996 NONE | Direct payment from the plan; Other fees Service code 50 | — | $84K |
| STEVEN DOUGLAS EIN 82-3141626 NONE | Direct payment from the plan; Other fees Service code 50 | — | $81K |
| AON HEWITT EIN 36-2235791 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Other fees Service code 15 | — | $44K |
| 3M COMPANY EIN 41-0417775 PLAN SPONSOR | Other fees; Direct payment from the plan; Plan Administrator Service code 14 | — | $38K |
| CLIFTONLARSONALLEN LLP EIN 41-0746749 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $35K |
| HAGER STRATEGIC, INC EIN 52-1942556 NONE | Direct payment from the plan; Other fees Service code 50 | — | $25K |
| SEYFARTH SHAW LLP EIN 36-2152202 NONE | Other fees; Direct payment from the plan Service code 50 | — | $10K |
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 | 31,683 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 26,975 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 58,658 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SECURIAN LIFE INSURANCE COMPANY | 26,680 | $5.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 26,680 | — |
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.