| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: THE HAYS BENEFIT GROUP LLC | 80 S. 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | BCBSMN, INC., D.B.A. BLUE CROSS BLUE SHIELD OF MINNESOTA | $196K | — | $196K | 2.42% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS BENEFITS GROUP, LLC | 80 S. 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | RELIASTAR LIFE INSURANCE COMPANY | $627K | — | $627K | 10.56% |
| HAYS COMPANIES, INC.3 | 80 S. 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | METROPOLITAN LIFE INSURANCE COMPANY | $223K | $12K | $235K | 22.70% |
| HAYS COMPANIES, INC.3 | 80 S. 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | METROPOLITAN LIFE INSURANCE COMPANY | $70K | $4K | $74K | 23.20% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANY, INC. | 80 S. 8TH ST. SUITE 700 MINNEAPOLIS, MN 55402 | SHELTERPOINT LIFE INSURANCE COMPANY | $4K | $0 | $4K | 4.09% |
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 | 9,093 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 9,093 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 4,303 | $2.3M |
| Dental | HAWAII MEDICAL SERVICE ASSOCIATION | 124 | $904K |
| Vision(2 contracts, 2 carriers) | VISION SERVICE PLAN | 6,456 | $1.9M |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 9,093 | $5.9M |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 9,093 | $5.9M |
| Stop-loss / reinsurancereinsurance | BCBSMN, INC., D.B.A. BLUE CROSS BLUE SHIELD OF MINNESOTA | 13,846 | $8.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 13,846 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.