| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 | 7225 NORTHLAND DRIVE, SUITE 300 MINNEAPOLIS, MN 55428 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $27K | $0 | $27K | 7.62% |
| SEVEN HILLS CLEVELAND BENEFITS3 | 7900 INTERNATIONAL DRIVE, SUITE 990 BLOOMINGTON, MN 55425 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $20K | $534 | $21K | 5.81% |
| MARSH & MCLENNAN AGENCY LLC3 | 110 FRANKLIN ROAD SE, SUITE 1100 ROANOKE, VA 24011 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $0 | $2K | 0.44% |
| SEVEN HILLS CLEVELAND BENEFITS3 | 2010 CENTRE POINTE BOULEVARD SAINT PAUL, MN 55120 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $1K | $0 | $1K | 0.34% |
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 | 436 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 5 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 446 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | RELIANCE STANDARD LIFE INSURANCE COMPANY | 576 | $356K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 576 | $356K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 576 | $356K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 576 | $356K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 576 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.