| 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 | $26K | — | $26K | 1.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HORIZON BCBS EIN 22-0999690 3RD PARTY | Insurance agents and brokers; Contract Administrator Service code 13 | — | $839K |
| UBS GLOBAL ASSET MANAGEMENT 3RD PARTY | Investment management; Investment management fees paid directly by plan Service code 28 | LOCK BOX 23387 CHICAGO, IL 60673 | $797K |
| GAMCO ASSET MANAGEMENT NONE | Investment management Service code 28 | ONE CORPORATE CENTER RYE, NY 10580 | $174K |
| CALLAN ASSOCIATES EIN 94-2192581 3RD PARTY | Investment advisory (plan) Service code 27 | — | $125K |
| FRANKLIN ADVISORS 3RD PARTY | Investment management fees paid directly by plan; Investment management Service code 28 | 1 FRANKLIN PKWY, BLDG 970, 3RD FL SAN MATEO, CA 94403 | $102K |
| WELLS FARGO EIN 94-1347393 TRUSTEE | Custodial (other than securities); Trustee (bank, trust company, or similar financial institution) Service code 18 | — | $45K |
| TOWERS WATSON EIN 23-1159360 3RD PARTY | Actuarial Service code 11 | — | $7K |
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 | 2,506 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,506 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | AETNA LIFE INSURANCE COMPANY | 6,329 | $2.5M |
| Long-term disability | AETNA LIFE INSURANCE COMPANY | 6,329 | $2.5M |
| Other | AETNA LIFE INSURANCE COMPANY | 6,329 | $2.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 6,329 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.