| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS, LLC | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | AETNA LIFE INSURANCE COMPANY | $44K | $46K | $90K | 2.15% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS, LLC | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | RELIASTAR LIFE INSURANCE COMPANY | $319K | — | $319K | 11.49% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HORIZON BCBS EIN 22-0999690 3RD PARTY | Insurance agents and brokers; Contract Administrator Service code 13 | — | $2.5M |
| WELLS FARGO EIN 94-1347393 TRUSTEE | Custodial (other than securities); Trustee (bank, trust company, or similar financial institution) Service code 18 | — | $147K |
| CAREBRIDGE CORPORATION EIN 23-2614764 3RD PARTY | Other fees Service code 99 | — | $104K |
| FIRST AMERICAN ADMINISTRATORS BENEFITS ADMINISTRATOR | Other fees Service code 99 | 14670 COLLECTIONS CENTER DRIVE CHICAGO, IL 60693 | $74K |
| AETNA EIN 06-6033492 3RD PARTY | Contract Administrator; Claims processing Service code 12 | — | $11K |
| AON HEWITT 3RD PARTY | Consulting fees; Consulting (general) Service code 16 | 1650 MARKET STREET, SUITE 1000 PHILADELPHIA, PA 19103 | $0 |
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 | 6,789 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 6,789 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(4 contracts) | EYEMED VISION CARE | 14,762 | $253K |
| Life insurance | AETNA LIFE INSURANCE COMPANY | 7,484 | $4.2M |
| Long-term disability | AETNA LIFE INSURANCE COMPANY | 7,484 | $4.2M |
| Other(2 contracts, 2 carriers) | AETNA LIFE INSURANCE COMPANY | 7,484 | $6.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 14,762 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.