| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $8K | $2K | $3K | +454.3% |
| Broker comp per covered life | $38 | $56 | $104 | -32.0% |
| Broker comp % of premium | 0.5% | 4.6% | 5.4% | -4.2 pp |
| Retention rate | 1.0% | 0.0% | 2.0% | |
| Premium YoY % | -41.0% | -3.3% | -1.2% | -37.7 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JUSTWORKS INSURANCE SERVICES | PO BOX 7119 CHURCH ST STATION NEW YORK, NY 10008 | AETNA LIFE INSURANCE CO. | $1.9M | — | $1.9M | 0.15% |
| NA3 | — | UNITEDHEALTHCARE INSURANCE COMPANY | $0 | $0 | $0 | 0.00% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 10041 | METROPOLITAN LIFE INSURANCE COMPANY | $1.1M | $66K | $1.2M | 3.77% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 10041 | METROPOLITAN LIFE INSURANCE COMPANY | $1.7M | $150K | $1.8M | 9.86% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 10041 | METROPOLITAN LIFE INSURANCE COMPANY | $911K | $122K | $1.0M | 6.34% |
| JUSTWORKS INSURANCE SERVICES3 | 55 WATER ST FL 29 NEW YORK, NY 10041 | METROPOLITAN LIFE INSURANCE COMPANY | $405K | $14K | $419K | 6.23% |
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 | 136,941 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 136,941 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(8 contracts, 6 carriers) | AETNA LIFE INSURANCE CO. | 164,779 | $1.3B |
| Dental(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 164,779 | $1.3B |
| Vision(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 164,779 | $1.3B |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 75,850 | $16.3M |
| Short-term disability(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 153,146 | $41.4M |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 75,850 | $16.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 164,779 | — |
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 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.