| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR STE 200 HUNT VALLEY, MD 21030 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $69K | $261K | $330K | 3.62% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR, STE 200 HUNT VALLEY, MD 21030 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $3K | $3K | 0.98% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR, STE 200 HUNT VALLEY, MD 21030 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 1.13% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $58 | $58 | 0.22% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON ADMIN SERVICES EIN 33-0449333 MEDICAL ADMIN | Other insurance fees and expenses; Claims processing; Securities brokerage; Direct payment from the plan; Contract Administrator Service code 12 | — | $145K |
| LIFE INS CO OF NORTH AMERICA EIN 23-1503749 ASO STD | Claims processing; Contract Administrator Service code 12 | — | $56K |
| CURALINC HEALTHCARE EIN 33-1206383 EAP | Contract Administrator; Claims processing Service code 12 | — | $39K |
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 | 2,848 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 57 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,911 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,422 | $9.1M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,422 | $9.1M |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,422 | $9.1M |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,848 | $276K |
| Other(3 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,848 | $394K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,848 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.