| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $51K | $9K | $60K | 19.07% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $28K | $5K | $32K | 19.06% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $25K | $4K | $29K | 19.10% |
| AP BENEFITS ADVISORS LLC3 Filed as: AP BENEFITS ADVISORS, LLC | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | VISION SERVICE PLAN | $2K | — | $2K | 3.32% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DR, STE 200 HUNT VALLEY, MD 21030 | RELISTAR LIFE INSURANCE COMPANY | $7K | — | $7K | 15.22% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CAREFIRST OF MARYLAND, INC. EIN 52-1385894 MED ADMINISTRATOR | Contract Administrator Service code 13 | — | $1.3M |
| JANUS ASSOCIATES, INC. DBA BHS EIN 52-1306404 EAP/WELLNESS ADMIN | Contract Administrator Service code 13 | — | $81K |
| DELTA DENTAL OF PENNSYLVANIA EIN 23-1667011 DENTAL ADMINISTRATOR | Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $43K |
| RXBENEFITS, INC EIN 63-1157085 RX ADMINISTRATOR | Claims processing; Contract Administrator Service code 12 | — | $27K |
| LINCOLN NATIONAL LIFE INS CO EIN 35-0472300 FMLA ADMIN | Contract Administrator Service code 13 | — | $22K |
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 | 657 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 7 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 668 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 391 | $65K |
| Life insurance | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 657 | $153K |
| Short-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 657 | $315K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 657 | $170K |
| Other(3 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 657 | $199K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 657 | — |
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.