| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $10K | $5K | $5K | +98.7% |
| Broker comp per covered life | $344 | $113 | $141 | +203.6% |
| Broker comp % of premium | 3.4% | 3.0% | 4.5% | +0.4 pp |
| Retention rate | 0.0% | 0.0% | 2.0% | |
| Premium YoY % | 107.6% | 5.2% | 7.9% | +102.3 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DR SUITE 700 SAN MATEO, CA 94404 | BLUE CROSS OF CALIFORNIA | $12.8M | $237K | $13.1M | 1.64% |
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 94404 | ANTHEM BLUE CROSS AND BLUE SHIELD | $7.5M | — | $7.5M | 4.67% |
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 94404 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5.4M | $2.3M | $7.7M | 16.58% |
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 944044067 | KAISER FOUNDATION HEALTH PLAN INC. | $1.7M | $8K | $1.7M | 6.05% |
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DRIVE SUITE 600 SAN MATEO, CA 94404 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $3.3M | $1.0M | $4.3M | 18.87% |
| PHRI LLC3 | 35 PARKWOOD DRIVE SUITE 200 HOPKINTON, MA 01748 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $103K | — | $103K | 0.45% |
| SEQUOIA BENEFITS LLC3 | 1850 GATEWAY DR. SUITE 700 SAN MATEO, CA 94404 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $845K | $845K | 4.91% |
| SEQUOIA BENEFITS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 94404 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $823K | $823K | 5.23% |
| SEQUOIA BENEFITS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 94404 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $634K | $634K | 5.19% |
| SEQUOIA BENEFITS & INS SVCS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 944044067 | KAISER FOUNDATION HEALTH PLAN INC. | $354K | $2K | $356K | 6.00% |
| SEQUOIA BENEFITS LLC3 | 1850 GATEWAY DRIVE SUITE 700 SAN MATEO, CA 94404 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $162K | $162K | 5.07% |
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 | 34,085 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 874 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 34,959 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(9 contracts, 5 carriers) | BLUE CROSS OF CALIFORNIA | 108,179 | $1.0B |
| Dental(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 30,513 | $47.0M |
| Vision(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 30,513 | $47.0M |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 33,681 | $23.0M |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 33,681 | $23.0M |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 33,681 | $23.0M |
| Prescription drug(2 contracts) | KAISER FOUNDATION HEALTH PLAN INC. | 4,138 | $34.2M |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 33,681 | $23.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 108,179 | — |
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.