| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIAM A GRAHAM COMPANY3 Filed as: WILLIAM MARK SPENCE | 10206 GLOBE DRIVE ELLICOTT CITY, MD 21042 | UNITEDHEALTHCARE INSURANCE COMPANY | $25K | — | $25K | 3.01% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK ROAD SUITE 500 HUNT VALLEY, MD 21031 | UNITEDHEALTHCARE INSURANCE COMPANY | $16K | $282 | $17K | 2.04% |
| KELLY & ASSOCIATES INSURANCE GROUP3 Filed as: KELLY & ASSOC INSURANCE GROUP INC | 1 KELLY WAY SPARKS, MD 21152 | UNITEDHEALTHCARE INSURANCE COMPANY | $15K | $1K | $16K | 1.94% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK ROAD SUITE 500 HUNT VALLEY, MD 21031 | UNITEDHEALTHCARE INSURANCE COMPANY | -$12 | $298 | $286 | 0.03% |
| SPENCE, WILLIAM M3 | 10206 GLOBE DRIVE ELLICOTT CITY, MD 21042 | SUN LIFE ASSURANCE COMPANY OF CANADA | $15K | — | $15K | 14.94% |
| NEXTLOGICAL BENEFIT STRATEGIES LLC3 Filed as: NEXTLOGICAL BENEFIT STRATEGIES, LLC | 377 NORTH TANNERY ROAD WESTMINSTER, MD 21157 | SUN LIFE ASSURANCE COMPANY OF CANADA | $10K | — | $10K | 9.96% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | 1 KELLY WAY SPARKS, MD 21152 | SUN LIFE ASSURANCE COMPANY OF CANADA | $6K | — | $6K | 6.22% |
| SPENCE, WILLIAM M3 Filed as: SPENCE, WILLIAM, M | 10206 GLOBE DRIVE ELLICOTT CITY, MD 21042 | AMERITAS LIFE INSURANCE CORPORATION | $1K | — | $1K | 6.22% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK ROAD SUITE 500 HUNT VALLEY, MD 21031 | AMERITAS LIFE INSURANCE CORPORATION | $941 | — | $941 | 4.15% |
| PSA INSURANCE & FINANCIAL PARTNERS3 Filed as: PSA INSURANCE & FINANCIAL PART | 11311 MCCORMICK ROAD SUITE 500 HUNT VALLEY, MD 21031 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 7.09% |
| WILLIAM M SPENCE3 | 10206 GLOBE DRIVE ELLICOTT CITY, MD 21043 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $524 | — | $524 | 3.71% |
| KELLY & ASSOCIATES INSURANCE GROUP3 Filed as: KELLY & ASSOC INSURANCE GROUP INC | 1 KELLY WAY SPARKS, MD 21152 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $424 | — | $424 | 3.00% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK ROAD SUITE 500 HUNT VALLEY, MD 21031 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $349 | — | $349 | 2.47% |
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 | 107 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 107 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 153 | $818K |
| Dental | AMERITAS LIFE INSURANCE CORPORATION | 71 | $23K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 153 | $818K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 111 | $98K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 111 | $98K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 111 | $98K |
| Other(3 contracts, 3 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 111 | $117K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 153 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.