| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS | 540 GAITHER RD SUITE 420 ROCKVILLE, MD 20850 | SUN LIFE ASSURANCE COMPANY OF CANADA | $3K | — | $3K | 3.30% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS | 10 NORTH PARK DRIVE SUITE 200 HUNT VALLEY, MD 21031 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | — | $2K | 1.68% |
| TRUE CHOICE ASSOCIATES3 | 402 KING FARM BLVD ROCKVILLE, MD 20850 | SUN LIFE ASSURANCE COMPANY OF CANADA | $1K | — | $1K | 1.26% |
| AP BEN. ADVISORS | 200 INTERNATIONAL CIRCLE SUITE 4500 HUNT VALLEY, MD 21031 | SUN LIFE ASSURANCE COMPANY OF CANADA | $411 | $0 | $411 | 0.43% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | — | VISION SERVICES PLAN | $1K | — | $1K | 3.87% |
| TRUE CHOICE ASSOCIATES3 Filed as: TRUE CHOICE ASSOCIATES LLC | 402 KING FARM BLVD ROCKVILLE, MD 20850 | VISION SERVICES PLAN | $308 | — | $308 | 1.08% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS | 200 INTERNATIONAL CIRCLE SUITE 4500 HUNT VALLEY, MD 21031 | GUARDIAN | — | $175 | $175 | 1.64% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS | 540 GAITHER RD SUITE 420 ROCKVILLE, MD 20850 | SUN LIFE ASSURANCE OF CANADA | $126 | — | $126 | 5.99% |
| TRUE CHOICE ASSOCIATES3 Filed as: TRUE CHOICE ASSOCIATES LLC | 402 KING FARM BLVD ROCKVILLE, MD 20850 | SUN LIFE ASSURANCE OF CANADA | $81 | — | $81 | 3.85% |
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 | 162 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 163 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 152 | $11K |
| Vision | VISION SERVICES PLAN | 152 | $29K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 152 | $96K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 152 | $96K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 152 | $96K |
| Other | SUN LIFE ASSURANCE OF CANADA | 152 | $2K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 152 | — |
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.