| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 230603325 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | — | $12K | 0.58% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | EXPRESS SCRIPTS, INC. | $11K | — | $11K | 2.85% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $29K | — | $29K | 14.16% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $28K | — | $28K | 14.42% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY | $7K | — | $7K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SUNTRUST BANK EIN 53-0116200 NONE | Custodial (other than securities); Named fiduciary Service code 18 | — | $3K |
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 | 8,856 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 392 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 9,248 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY | 191 | $146K |
| Vision | UNITED HEALTHCARE INSURANCE COMPANY | 7,733 | $700K |
| Life insurance(2 contracts) | MINNESOTA LIFE INSURANCE COMPANY | 9,058 | $3.1M |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 8,652 | $2.0M |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 8,652 | $2.0M |
| Prescription drug | EXPRESS SCRIPTS, INC. | 191 | $398K |
| Other(3 contracts, 2 carriers) | MINNESOTA LIFE INSURANCE COMPANY | 9,058 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 9,058 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.