| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PDCM INSURANCE3 | 3022 AIRPORT BLVD PO BOX 2597 WATERLOO, IA 50703 | GREENWICH INSURANCE COMPANY 70 SEAVIEW AVENUE STAMFORD CT 06902 | $20K | — | $20K | 4.31% |
| TRUE NETWORK ADVISORS3 | 1513 AMBER LANE GUNTERSVILLE, AL 35976 | GREENWICH INSURANCE COMPANY 70 SEAVIEW AVENUE STAMFORD CT 06902 | — | $2K | $2K | 0.36% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $238K |
| CYPRESS BENEFIT ADMINISTRATORS, LLC EIN 39-1997579 CONTRACT ADMINISTRATOR | Claims processing Service code 12 | — | $65K |
| HSTECHNOLOGY SOLUTIONS EIN 27-1818792 OTHER | Other fees Service code 99 | — | $28K |
| HEALTHEOS BY MULTIPLAN, INC. EIN 39-1634080 OTHER | Other fees Service code 99 | — | $13K |
| MEDWATCH EIN 16-1662117 OTHER | Other fees Service code 99 | — | $11K |
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 | 385 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 385 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | GREENWICH INSURANCE COMPANY 70 SEAVIEW AVENUE STAMFORD CT 06902 | 385 | $474K |
| Stop-loss / reinsurancereinsurance | GREENWICH INSURANCE COMPANY 70 SEAVIEW AVENUE STAMFORD CT 06902 | 385 | $474K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 385 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.