| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $7K | $1K | $3K | +413.4% |
| Broker comp per covered life | $21 | $32 | $86 | -33.6% |
| Broker comp % of premium | 0.3% | 4.1% | 5.8% | -3.8 pp |
| Retention rate | 0.6% | 0.0% | 2.0% | |
| Premium YoY % | 34.2% | -5.6% | 8.9% | +39.9 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JUSTWORKS INSURANCE SERVICES | PO BOX 7119 CHURCH STREET STATION NEW YORK, NY 10008 | AETNA LIFE INSURANCE CO | $1.3M | — | $1.3M | 0.12% |
| AON CORPORATION | 29840 NETWORK PLACE CHICAGO, IL 60673 | AETNA LIFE INSURANCE CO | $253K | — | $253K | 0.02% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 100410007 | METROPOLITAN LIFE INSURANCE COMPANY | $591K | $51K | $643K | 2.39% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 100410007 | METROPOLITAN LIFE INSURANCE COMPANY | $674K | $0 | $674K | 3.24% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 100410007 | METROPOLITAN LIFE INSURANCE COMPANY | $511K | $32K | $542K | 3.75% |
| AON CONSULTING INC3 | 29840 NETWORK PL CHICAGO, IL 606731298 | METROPOLITAN LIFE INSURANCE COMPANY | — | $70K | $70K | 0.48% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER STREET FLOOR 29 NEW YORK, NY 100410007 | METROPOLITAN LIFE INSURANCE COMPANY | $207K | $8K | $215K | 3.74% |
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 | 147,280 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 147,280 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(8 contracts, 7 carriers) | AETNA LIFE INSURANCE CO | 170,655 | $1.2B |
| Dental(3 contracts, 2 carriers) | AETNA LIFE INSURANCE CO | 174,998 | $1.2B |
| Vision(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO | 174,998 | $1.1B |
| Life insurance(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 174,998 | $35.2M |
| Short-term disability(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 174,998 | $41.0M |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 174,998 | $14.5M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 174,998 | $14.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 174,998 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.