| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUB INTERNATIONAL MIDWEST LIMITED Filed as: BOLTON PARTNERS | 36 S. CHARLES ST STE 1000 BALTIMORE, MD 21201 | ULLICO | $17K | — | $17K | 5.74% |
| THE REIN COMPANY INC Filed as: THE REIN COMPANY | 20203 GOSHEN RD, STE 321 GAITHERSBURG, MD 20879 | ULLICO | $14K | — | $14K | 4.86% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DECISION SCIENCE, INC EIN 52-1055523 NONE | Contract Administrator Service code 13 | — | $975K |
| COMPLETE CLAIMS SOLUTIONS EIN 26-4450838 NONE | Claims processing Service code 12 | — | $111K |
| GORDON FEINBLATT LLC EIN 52-0627715 NONE | Legal Service code 29 | — | $93K |
| CAREFIRST NETWORK LEASING NONE | Claims processing Service code 12 | 10455 MILL RUN CIRCLE OWINGS MILL, MD 21117 | $70K |
| CHARTWELL EIN 23-2891243 NONE | Investment management fees paid directly by plan Service code 51 | — | $43K |
| AMERICAN HEALTH HOLDINGS, INC. EIN 31-1368946 NONE | Other services Service code 49 | — | $31K |
| BOLTON PARTNERS, INC. EIN 52-1231144 NONE | Actuarial Service code 11 | — | $23K |
| WEDGE CAPITAL MANAGEMENT EIN 56-1557450 NONE | Soft dollars commissions; Investment management fees paid directly by plan Service code 51 | — | $20K |
| CIGNA DENTAL HEALTH EIN 59-1031071 NONE | Other insurance fees and expenses Service code 73 | — | $19K |
| INTERCONTINENTAL RE FUND EIN 11-3786306 NONE | Investment management fees paid directly by plan Service code 51 | — | $16K |
| CALIBRE CPA GROUP, PLLC EIN 47-0900880 NONE | Accounting (including auditing) Service code 10 | — | $15K |
| INVESTMENT PERFORMANCE SERVICES EIN 36-3555078 NONE | Investment advisory (plan) Service code 27 | — | $13K |
| INTERGROUP SERVICES NONE | Other services Service code 49 | 101 LINDENWOOD DR, STE 150 MAVERN, PA 19355 | $12K |
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 | 1,213 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 268 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,481 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | ULLICO | 1,233 | $289K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,233 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.