| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAIN HEALTH5 | 300 CORPORATE PARKWAY AMHERST, NY 14226 | MERITAIN HEALTH | $0 | $186K | $186K | 41.54% |
| SULLIVAN, TODD3 | 300 NORTHWAY BALTIMORE, MD 21218 | HCC LIFE INSURANCE COMPANY | $31K | — | $31K | 10.00% |
| COBECON3 | 921 E FORT AVE., SUITE 325 BALTIMORE, MD 21202 | HCC LIFE INSURANCE COMPANY | $6K | — | $6K | 1.80% |
| MERITAIN HEALTH3 | 300 CORPORATE PARKWAY AMHERST, NY 14226 | HCC LIFE INSURANCE COMPANY | $3K | — | $3K | 0.90% |
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 | 171 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 171 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MERITAIN HEALTH | 128 | $449K |
| Dental | MERITAIN HEALTH | 128 | $449K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 171 | $30K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 171 | $30K |
| Long-term disability(2 contracts, 2 carriers) | MERITAIN HEALTH | 171 | $479K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 123 | $314K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 171 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.