| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | 80 S 8TH STREET STE 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $8K | $21 | $8K | 13.04% |
| MARSH & MCLENNAN AGENCY LLC3 | 7225 NORTHLAND DR N STE 400 MINNEAPOLIS, MN 55428 | UNION SECURITY INSURANCE COMPANY | $5K | — | $5K | 8.42% |
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | 80 S 8TH STREET STE 700 MINNEAPOLIS, MN 55402 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $416 | — | $416 | 0.96% |
| MARSH & MCLENNAN AGENCY LLC3 | 7225 NORTHLAND DR N STE 300 MINNEAPOLIS, MN 55428 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $353 | — | $353 | 0.81% |
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | 80 S 8TH STREET STE 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $3K | $12 | $3K | 7.11% |
| MARSH & MCLENNAN AGENCY LLC3 | 7225 NORTHLAND DR N STE 400 MINNEAPOLIS, MN 55428 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 4.39% |
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | 80 S 8TH STREET STE 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 7.11% |
| MARSH & MCLENNAN AGENCY LLC3 | 7225 NORTHLAND DR N STE 400 MINNEAPOLIS, MN 55428 | UNION SECURITY INSURANCE COMPANY | $1K | — | $1K | 4.56% |
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | 80 S 8TH STREET STE 700 MINNEAPOLIS, MN 55402 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 8.07% |
| MARSH & MCLENNAN AGENCY LLC3 | 77225 NORTHLAND DR N STE 400 MINNEAPOLIS, MN 55428 | UNION SECURITY INSURANCE COMPANY | $1K | — | $1K | 5.77% |
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 | 422 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 424 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNION SECURITY INSURANCE COMPANY | 111 | $32K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 186 | $65K |
| Short-term disability(2 contracts) | UNION SECURITY INSURANCE COMPANY | 160 | $63K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 422 | $43K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 422 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.