| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | EXPRESS SCRIPTS, INC. | $10K | — | $10K | 2.59% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $10K | — | $10K | 3.13% |
| VBA BENEFITS CORPORATION3 | 4490 COX RD GLEN ALLEN, VA 23060 | HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY | $12K | — | $12K | 5.00% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $34K | — | $34K | 15.05% |
| VBA BENEFITS CORPORATION3 | 4490 COX ROAD GLEN ALLEN, VA 23060 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $28K | — | $28K | 14.79% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SUNTRUST BANK EIN 53-0116200 NONE | Named fiduciary; Custodial (other than securities) Service code 18 | — | $2K |
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 | 8,990 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 190 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 9,180 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY | 169 | $249K |
| Vision | VISION SERVICE PLAN | 5,030 | $700K |
| Life insurance(2 contracts) | MINNESOTA LIFE INSURANCE COMPANY | 9,117 | $2.9M |
| Short-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,916 | $327K |
| Long-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 8,938 | $1.6M |
| Prescription drug | EXPRESS SCRIPTS, INC. | 169 | $392K |
| Other(4 contracts, 2 carriers) | MINNESOTA LIFE INSURANCE COMPANY | 9,117 | $2.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 9,117 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.