| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PNL BENEFITS INCORPORATED3 Filed as: PNL BENEFITS INSURANCE AGENCY | 2400 W CARSON STREET, SUITE 225 TORRANCE, CA 90501 | CALIFORNIA PHYSICIANS SERVICE | — | $67K | $67K | 5.75% |
| PNL BENEFITS INCORPORATED3 | 2400 W CARSON STREE, SUITE 225 TORRANCE, CA 90501 | STANDARD INSURANCE COMPANY | $17K | — | $17K | 13.76% |
| HEFFERNAN INSURANCE BROKERS3 | 1350 CARLBACK AVE., SUITE 200 WALNUT CREEK, CA 94596 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 1.25% |
| PNL BENEFITS INCORPORATED3 | 2400 W CARSON STREET, SUITE 225 TORRANCE, CA 90501 | STANDARD INSURANCE COMPANY | $6K | — | $6K | 20.00% |
| PNL BENEFITS INCORPORATED3 | 2400 W CARSON STREET, SUITE 225 TORRANCE, CA 90501 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 20.00% |
| PNL BENEFITS INCORPORATED3 | 2400 W CARSON STREET, SUITE 225 TORRANCE, CA 90501 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 20.00% |
| HEFFERNAN INSURANCE BROKERS3 | 1350 CARLBACK AVE., SUITE 200 WALNUT CREEK, CA 94596 | VISION SERVICE PLAN | $601 | — | $601 | 6.70% |
| PNL BENEFITS INCORPORATED3 Filed as: PNL BENEFITS, INC. | 2400 W CARSON STREET, SUITE 225 TORRANCE, CA 90501 | VISION SERVICE PLAN | $96 | — | $96 | 1.07% |
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 | 105 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 105 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CALIFORNIA PHYSICIANS SERVICE | 112 | $1.2M |
| Dental | STANDARD INSURANCE COMPANY | 110 | $122K |
| Vision | VISION SERVICE PLAN | 74 | $9K |
| Life insurance | STANDARD INSURANCE COMPANY | 117 | $21K |
| Short-term disability | STANDARD INSURANCE COMPANY | 117 | $20K |
| Long-term disability | STANDARD INSURANCE COMPANY | 117 | $28K |
| Prescription drug | CALIFORNIA PHYSICIANS SERVICE | 112 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 117 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.