| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RIGGS COUNSELMAN MICHAELS & DOWNES3 Filed as: RIGGS COUNSELMAN MICHAELS & DOWNES, | 555 FAIRMOUNT AVE BALTIMORE, MD 21286 | METROPOLITAN LIFE INSURANCE COMPANY | $152K | $30K | $183K | 2.40% |
| CORNERSTONE FINANCIAL LLP3 | 210 ALLEGHENY AVE, STE 300 TOWSON, MD 21204 | METROPOLITAN LIFE INSURANCE COMPANY | $140K | — | $140K | 1.84% |
| PLANSOURCE BENEFITS ADMINISTRATION3 | 101 S GARLAND AVE STE 203 ORLANDO, FL 328013277 | METROPOLITAN LIFE INSURANCE COMPANY | — | $44K | $44K | 0.58% |
| CORNERSTONE FINANCIAL LLP | 1 E FRANKLIN ST STE 300 BALTIMORE, MD 212022239 | METROPOLITAN LIFE INSURANCE COMPANY | — | $30K | $30K | 0.40% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 Filed as: RIGGS COUNSELMAN MICHAELS & DOWNES, | 555 FAIRMOUNT AVE BALTIMORE, MD 212865417 | METROPOLITAN LIFE INSURANCE COMPANY | $140K | $37K | $177K | 2.60% |
| CORNERSTONE FINANCIAL LLP3 | 210 ALLEGHENY AVE, STE 300 TOWSON, MD 212044021 | METROPOLITAN LIFE INSURANCE COMPANY | $128K | — | $128K | 1.87% |
| PLANSOURCE BENEFITS ADMINISTRATION3 | 101 S GARLAND AVE STE 203 ORLANDO, FL 328013277 | METROPOLITAN LIFE INSURANCE COMPANY | — | $39K | $39K | 0.57% |
| CORNERSTONE FINANCIAL LLP3 | 1 E FRANKLIN ST STE 300 BALTIMORE, MD 212022239 | METROPOLITAN LIFE INSURANCE COMPANY | — | $39K | $39K | 0.57% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 Filed as: RIGGS COUNSELMAN MICHAELS & DOWNES, | 555 FAIRMOUNT AVE BALTIMORE, MD 212865417 | DELAWARE AMERICAN LIFE INSURANCE COMPANY | $4K | — | $4K | 7.00% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 Filed as: RIGGS COUNSELMAN MICHAELS & DOWNES, | 555 FAIRMOUNT AVE BALTIMORE, MD 212865497 | HARTFORD FIRE INSURANCE COMPANY | $971 | — | $971 | 15.00% |
| RIGGS COUNSELMAN MICHAELS & DOWNES3 Filed as: RIGGS COUNSELMAN MICHAELS & DOWNES, | 555 FAIRMOUNT AVE BALTIMORE, MD 212865417 | METROPOLITAN LIFE INSURANCE COMPANY | $79 | $4K | $4K | 99.22% |
| CORNERSTONE FINANCIAL LLP3 | 1 E FRANKLIN ST STE 300 BALTIMORE, MD 212022239 | METROPOLITAN LIFE INSURANCE COMPANY | — | $4K | $4K | 97.08% |
| CORNERSTONE FINANCIAL LLP3 | 210 ALLEGHENY AVE, STE 300 TOWSON, MD 212044021 | METROPOLITAN LIFE INSURANCE COMPANY | $72 | — | $72 | 1.81% |
| PLANSOURCE BENEFITS ADMINISTRATION3 | 101 S GARLAND AVE STE 203 ORLANDO, FL 328013277 | METROPOLITAN LIFE INSURANCE COMPANY | — | $22 | $22 | 0.55% |
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 | 14,332 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 14,332 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELAWARE AMERICAN LIFE INSURANCE COMPANY | 2 | $60K |
| Life insurance(3 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 41,498 | $6.9M |
| Long-term disability(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 19,289 | $7.7M |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 41,498 | $6.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 41,498 | — |
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.