| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RIGGS COUNSELMAN MICHAELS & DOWNES3 | 555 FAIRMONT AVENUE BALTIMORE, MD 212865417 | METROPOLITAN LIFE INSURANCE COMPANY | $11K | $4K | $15K | 2.45% |
| CORNERSTONE FINANCIAL LLP3 | 210 ALLEGHENY AVENUE SUITE 300 TOWSON, MD 212044021 | METROPOLITAN LIFE INSURANCE COMPANY | $11K | — | $11K | 1.80% |
| CORNERSTONE FINANCIAL LLP3 | 1 E FRANKLIN ST STE 300 BALTIMORE, MD 212022239 | METROPOLITAN LIFE INSURANCE COMPANY | — | $5K | $5K | 0.85% |
| PLANSOURCE BENEFITS ADMINISTRATION3 | 101 S GARLAND AVENUE SUITE 203 ORLANDO, MD 328013277 | METROPOLITAN LIFE INSURANCE COMPANY | — | $3K | $3K | 0.45% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 | 555 FAIRMONT AVENUE BALTIMORE, MD 212865417 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | $2K | $7K | 2.38% |
| CORNERSTONE FINANCIAL LLP3 | 210 ALLEGHENY AVENUE SUITE 300 TOWSON, MD 212044021 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 1.78% |
| CORNERSTONE FINANCIAL LLP3 | 1 E FRANKLIN ST STE 300 BALTIMORE, MD 212022239 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2K | $2K | 0.81% |
| PLANSOURCE BENEFITS ADMINISTRATION3 | 101 S GARLAND AVENUE SUITE 203 ORLANDO, FL 328013277 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1K | $1K | 0.44% |
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 | 1,772 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,772 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,772 | $292K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,491 | $597K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,772 | $292K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,772 | — |
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.