| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NATIONAL BROKERAGE SVC INC3 | 300 WEYMAN ROAD, SUITE 240 PITTSBURGH, PA 15236 | SPECTRUM MANAGERS/COMPANION LIFE INSURANCE | $10K | — | $10K | 7.35% |
| NATIONAL BROKERAGE SERVICES3 | 254 CLAIRTON BOULEVARD STE 122 PITTSBURGH, PA 15227 | RELIANCE STANDARD LIFE INSURANCE | $768 | — | $768 | 15.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT PLANNERS & ASSOCIATES, INC. NONE | Claims processing; Direct payment from the plan Service code 12 | 1910 COCHRAN RD, STE 605 PITTSBURGH, PA 15220 | $45K |
| TURNBULL, HOOVER, & KAHL, P.A. EIN 52-1518807 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 217 GLENN STREET, STE 200 CUMBERLAND, MD 21502 | $25K |
| BATOFF ASSOCIATES, PA EIN 52-1667847 NONE | Legal; Direct payment from the plan Service code 29 | 909 SAINT PAUL ST. BALTIMORE, MD 21202 | $18K |
| SERVE YOU RX MANAGEMENT EIN 39-1735466 NONE | Claims processing; Direct payment from the plan Service code 12 | 10201 WEST INNOVATION DR MILWAUKEE, WI 53226 | $18K |
| STANDARD VALUATION EIN 41-1327339 NONE | Investment advisory (plan); Direct payment from the plan Service code 27 | 790 CLEVELAND AVE STE 200 ST. PAUL, MN 55116 | $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 | 63 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 74 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | RELIANCE STANDARD LIFE INSURANCE | 79 | $5K |
| Stop-loss / reinsurancereinsurance | SPECTRUM MANAGERS/COMPANION LIFE INSURANCE | 79 | $137K |
| Other | RELIANCE STANDARD LIFE INSURANCE | 79 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 79 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.