| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BGRAND BENEFITS, LLC3 Filed as: BGRAND BENEFITS LLC | 10 CAMPUS BLVD NEWTOWN SQUARE, PA 19703 | DEARBORN NATIONAL LIFE INSURANCE CO. | $110K | — | $110K | 4.51% |
| SAGEWELL PARTNERS INC4 Filed as: SAGEWELL PARTNERS INC. | 1501 REEDSDALE ST. STE 403 PITTSBURGH, PA 15233 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $93K | — | $93K | 4.27% |
| JAMES R NELLIGAN & ASSOCIATES LLC Filed as: JAMES NELLIGAN & ASSOCIATES | 1060 BROADWAY SUITE 400 ALBANY, NY 12204 | GUARDIAN | $244K | — | $244K | 29.20% |
| THE STERLING GROUP INC Filed as: STERLING BENEFITS LLC | 512 W. LANCASTER AVENUE SUITE C WAYNE, PA 19087 | GUARDIAN | — | — | $0 | 0.00% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS | 1166 AVENUE OF THE AMERICAS NEW YORK, NY 10036 | NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURGH, PA | $3K | — | $3K | 30.00% |
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 | 4,217 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 4,217 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(5 contracts, 5 carriers) | IBC PERSONAL CHOICE | 6,137 | $66.1M |
| Vision | IBC VISION | 7,556 | $390K |
| Life insurance | DEARBORN NATIONAL LIFE INSURANCE CO. | 4,217 | $2.4M |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 4,107 | $2.2M |
| Prescription drug | IBC RX GRPS | 6,137 | $14.8M |
| Other(2 contracts, 2 carriers) | MAGELLAN EAP PROGRAM | 4,500 | $212K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,556 | — |
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."
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.