| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RIGGS COUNSELMAN MICHAELS & DOWNES3 | 4 NORTH PARK DRIVE, SUITE 500 COCKEYSVILLE, MD 21030 | CAREFIRST OF MARYLAND, INC. | $2K | $34K | $36K | 2.56% |
| AMWINS3 Filed as: AMWINS CONNECT ADMINS., INC. | 11311 MCCORMICK ROAD EXECUTIVE PLAZA IV, SUITE 400 COCKEYSVILLE, MD 21031 | CAREFIRST OF MARYLAND, INC. | $0 | $12K | $12K | 0.87% |
| PSA FINANCIAL, INC.3 Filed as: PSA INS & FINANCIAL PARTNER, LLC | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | CAREFIRST OF MARYLAND, INC. | $0 | $9K | $9K | 0.63% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 | 4 NORTH PARK DRIVE, SUITE 500 HUNT VALLEY, MD 21030 | HARTFORD LIFE AND ACCIDENT | $2K | $1K | $3K | 6.55% |
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 | 130 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 130 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CAREFIRST OF MARYLAND, INC. | 110 | $1.4M |
| Dental | CAREFIRST OF MARYLAND, INC. | 110 | $1.4M |
| Vision | CAREFIRST OF MARYLAND, INC. | 110 | $1.4M |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 130 | $41K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 130 | $41K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 130 | $41K |
| Prescription drug | CAREFIRST OF MARYLAND, INC. | 110 | $1.4M |
| Other | HARTFORD LIFE AND ACCIDENT | 130 | $41K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 130 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.