| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BOLTON PARTNERS INC | 100 LIGHT STREET BALTIMORE, MD 21202 | RELIASTAR LIFE INSURANCE COMPANY | $6K | — | $6K | 4.03% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 NONE | Contract Administrator Service code 13 | 151 FARMINGTON AVE HARTFORD, CT 06156 | $305K |
| GEM GROUP EIN 25-1139840 NONE | Claims processing; Plan Administrator Service code 12 | 501 CARR ROAD WILMINGTON, DE 19809 | $153K |
| BOLTON PARTNERS INC EIN 52-1231144 NONE | Actuarial Service code 11 | 100 LIGHT STREET 9TH FLOO BALTIMORE, MD 21202 | $41K |
| COLUMBIA PARTNERS EIN 52-1940739 NONE | Investment management Service code 28 | 5425 WISCONSIN AVE CHEVY CHASE, MD 20815 | $39K |
| MORGAN SMITH BARNEY EIN 26-4310844 NONE | Investment advisory (plan) Service code 27 | 1600 MARKET STREET PHILADELPHIA, PA 19103 | $22K |
| HAGGERTY & HAGGERTY P A EIN 51-0255384 NONE | Accounting (including auditing) Service code 10 | 510 PHILADELPHIA PIKE WILMINGTON, DE 19809 | $15K |
| NOVAK FRANCELLA EIN 61-1436956 NONE | Accounting (including auditing) Service code 10 | ONE PRESIDENTIAL BLVD BALA CYNWYD, PA 19004 | $8K |
| YOUNG CONAWAY STARGATT TAYLOR EIN 51-0082644 NONE | Legal Service code 29 | 1000 NORTH KING STREET WILMINGTON, DE 19801 | $7K |
| SIGMOND JENNINGS PC EIN 23-2025670 NONE | Legal Service code 29 | 510 WALNUT STREET PHILADELPHIA, PA 19106 | $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 | 479 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 379 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 858 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 764 | $143K |
| Stop-loss / reinsurancereinsurance | AETNA LIFE INSURANCE | 519 | $784K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 764 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.