| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 145 W OSTEND ST STE 200 BALTIMORE, MD 21230 | METROPOLITAN LIFE INSURANCE COMPANY | $63K | $36 | $63K | 7.42% |
| AP BENEFIT ADVISORS, LLC3 | 575 E SWEDESFORD RD STE 200 WAYNE, PA 19087 | METROPOLITAN LIFE INSURANCE COMPANY | — | $7K | $7K | 0.88% |
| AP BENEFIT ADVISORS, LLC3 | 145 W OSTEND ST STE 200 BALTIMORE, MD 21230 | METROPOLITAN LIFE INSURANCE COMPANY | $10K | $36 | $11K | 18.11% |
| AP BENEFIT ADVISORS, LLC3 | 575 E SWEDESFORD RD STE 200 WAYNE, PA 19087 | METROPOLITAN LIFE INSURANCE COMPANY | — | $479 | $479 | 0.83% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CAREFIRST ADMINISTRATORS EIN 52-1187907 TPA | Contract Administrator; Claims processing; Plan Administrator Service code 12 | — | $2.8M |
| EMPLOYEE ONE BENEFIT SOLUTION EIN 20-8205286 BROKER | Insurance agents and brokers Service code 22 | — | $328K |
| PHIA GROUP CONSULTING LLC EIN 04-3504115 FIDUCIARY | Named fiduciary Service code 31 | — | $5K |
| MDLIVE EIN 45-4937055 TELEHEALTH | Insurance services Service code 23 | — | $4K |
| HEALTHSPARQ EIN 35-2486216 TELEHEALTH | Insurance services Service code 23 | — | $2K |
| CONIFER VALUE-BASED CARE EIN 52-1964905 UTILIZATION MANAGEMENT | Insurance services Service code 23 | — | $2K |
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 | 502 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 11 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 523 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $849K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $849K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $849K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $849K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $849K |
| Other(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 502 | $907K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 502 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.