| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $1K | $957 | $2K | +27.4% |
| Broker comp per covered life | $0 | $14 | $39 | -97.9% |
| Broker comp % of premium | 0.0% | 2.3% | 3.4% | -2.2 pp |
| Retention rate | 2.1% | 0.0% | 1.2% | |
| Premium YoY % | 75.0% | -5.6% | -6.4% | +80.7 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STRATEGIC NON-MEDICAL SOLUTIONS LLC3 | 1 BEACON STREET STE 17100 BOSTON, MA 021083107 | METROPOLITAN LIFE INSURANCE COMPANY | — | $77K | $77K | 0.04% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALIGHT SOLUTIONS LLC EIN 36-2235791 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Other fees Service code 15 | — | $2.5M |
| AT&T INC. EIN 43-1301883 PLAN SPONSOR | Contract Administrator; Direct payment from the plan Service code 13 | — | $1.5M |
| METROPOLITAN LIFE INSURANCE COMPANY EIN 13-3114906 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $726K |
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Trustee (bank, trust company, or similar financial institution); Investment management; Investment management fees paid directly by plan; Trustee (directed); Direct payment from the plan Service code 21 | — | $494K |
| FMR LLC NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | 82 DEVONSHIRE STREET BOSTON, MA 02109 | $445K |
| FORVIS MAZARS, LLP EIN 44-0160260 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $334K |
| ALLSUP INC EIN 37-1170934 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $189K |
| PRICEWATERHOUSECOOPERS LLP EIN 13-4008324 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $64K |
| STATE STREET GLOBAL ADVISORS EIN 81-4017137 NONE | Direct payment from the plan; Investment management fees paid directly by plan; Investment management; Named fiduciary Service code 28 | — | $49K |
| BLACKROCK FINANCIAL MANAGEMENT INC. EIN 94-3112180 NONE | Direct payment from the plan; Investment management; Trustee (discretionary); Investment management fees paid directly by plan; Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $39K |
| AON CONSULTING INC. EIN 22-2232264 NONE | Direct payment from the plan; Actuarial; Consulting (general) Service code 11 | — | $30K |
| CVS PHARMACY INC EIN 05-0340626 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $23K |
| NORTHERN TRUST COMPANY EIN 36-1561860 NONE | Direct payment from the plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $22K |
| CORPORATION SERVICE COMPANY EIN 51-0009810 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $13K |
| ANDERSEN TAX HOLDINGS LLC EIN 33-1197384 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $6K |
| AT&T SERVICES INC. EIN 74-2782655 PLAN ADMIN | Direct payment from the plan; Plan Administrator Service code 14 | — | $5K |
| FROST BANK EIN 74-6036463 NONE | Securities brokerage commissions and fees; Trustee (directed); Direct payment from the plan Service code 25 | — | $5K |
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 | 293,260 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 293,260 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | UNITEDHEALTHCARE INSURANCE COMPANY | 170,079 | $141.8M |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 259,315 | $174.2M |
| Prescription drug | UNITEDHEALTHCARE INSURANCE COMPANY | 14 | $115K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259,315 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.