| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHN H SIMMONDS3 | 4720 MONTGOMER LANE BETHESDA, MD 20814 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $87K | — | $87K | 15.00% |
| STRATEBEN INC3 | 4720 MONTGOMERY LANE SUITE 500 BETHESDA, MD 20814 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 2.82% |
| JOHN H SIMMONDS3 | 4720 MONTGOMERY LANE SUITE 500 BETHESDA, MD 20814 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $8K | — | $8K | 15.00% |
| STRATEBEN INC3 | 4720 MONTGOMERY LANE SUITE 500 BETHESDA, MD 20814 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $4K | — | $4K | 10.40% |
| YOUNG AGENCY LLC3 Filed as: YOUNG & COMPANY LLC | 1910 TOWNE CENTRE BOULEVARD SUITE 250 ANNAPOLIS, MD 21401 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $882 | — | $882 | 2.86% |
| NEIL YOUNG, RICHARD GRANT3 Filed as: NEIL YOUNG RICHARD GRANT | 1122 KENILWORTH DRIVE SUITE 305 TOWSON, MD 21204 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $535 | — | $535 | 1.74% |
| FOUNDERS FINANCIAL GROUP LLC3 Filed as: FOUNDERS FINANCIAL LLC | 1020 CROMWELL BRIDGE ROAD TOWSON, MD 21286 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | — | $67 | $67 | 0.22% |
| JOHN H WATSON3 | 4555 CLAYTON COURT WALDORF, MD 20601 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $12 | — | $12 | 0.04% |
| JOHN H SIMMONDS3 | 4720 MONTGOMERY LANE SUITE 500 BETHESDA, MD 20814 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 15.25% |
| YOUNG AGENCY LLC3 Filed as: YOUNG & COMPANY LLC | 1910 TOWNE CENTRE BOULEVARD SUITE 250 ANNAPOLIS, MD 21401 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $183 | — | $183 | 1.14% |
| NEIL YOUNG, RICHARD GRANT3 | 1122 KENILWORTH DRIVE SUITE 305 TOWSON, MD 21204 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $144 | — | $144 | 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 | 256 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 5 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 262 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 599 | $156K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 405 | $34K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 359 | $628K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 359 | $577K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 359 | $577K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 231 | $403K |
| Other(5 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 359 | $698K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 599 | — |
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.