| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WEINER BENEFITS GROUP LLC3 | 2961 CENTERVILLE ROAD SUITE 300 WILMINGTON, DE 19808 | HIGHMARK DELAWARE | $279K | — | $279K | 4.60% |
| MIKE RECKNER3 | GEORGE J WEINER ASSOCIATES, INC 2961 CENTERVILLE ROAD, SUITE 300 WILMINGTON, DE 19808 | HIGHMARK DELAWARE | $23K | — | $23K | 0.39% |
| WEINER BENEFITS GROUP LLC3 Filed as: WEINER BEFEFITS GROUP LLC | 2961 CENTERVILLE RD SUITE 300 WILMINGTON, DE 19808 | SUN LIFE ASSURANCE COMPANY OF CANADA | $52K | — | $52K | 13.31% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SUN LIFE ASSURANCE COMPANY OF CANAD EIN 38-1082080 | Other commissions Service code 55 | ONE SUN LIFE EXECUTIVE PARK 96 WORCHESTER STREET WELLESLEY HILLS, MA 024815699 | $8K |
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 | 252 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 268 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HIGHMARK DELAWARE | 595 | $6.1M |
| Dental | HIGHMARK DELAWARE | 595 | $6.1M |
| Vision | SUN LIFE ASSURANCE COMPANY OF CANADA | 254 | $388K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 254 | $388K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 254 | $388K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 254 | $388K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 595 | — |
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.