| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 | PO BOX 28852 COMMISSION LOCKBOX 28852 NEW YORK, NY 10087 | HARTFORD LIFE AND ACCIDENT | $67K | $23K | $90K | 6.70% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALIGHT SOLUTIONS EIN 82-1061233 CONTRACT ADMNSTRTR | Direct payment from the plan; Contract Administrator Service code 13 | — | $260K |
| INCOME RESEARCH AND MANAGEMENT INVESTMENT MANAGER | Direct payment from the plan; Investment management Service code 28 | 100 FEDERAL STREET BOSTON, MA 02110 | $75K |
| US BANK NATIONAL ASSOCIATION EIN 31-0841368 TRUSTEE | Direct payment from the plan; Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $37K |
| NEPC CONTRACT ADMNSTRTR | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | 255 STATE STREET BOSTON, MA 02109 | $29K |
| TFGBENEFITS INS. INC. CONTRACT ADMNSTRTR | Contract Administrator; Direct payment from the plan Service code 13 | 4001 MACARTHUR BLVD, SUITE 104 NEWPORT BEACH, CA 92660 | $17K |
| WELLINGTON TRUST COMPANY NA INVESTMENT MANAGER | Investment management; Direct payment from the plan Service code 28 | 280 CONGRESS STREET BOSTON, MA 02210 | $6K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,029 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,029 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | HARTFORD LIFE AND ACCIDENT | 2,029 | $1.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,029 | — |
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.