| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $2K | $876 | $2K | +107.0% |
| Broker comp per covered life | $4 | $33 | $40 | -89.0% |
| Broker comp % of premium | 0.2% | 3.7% | 4.9% | -3.5 pp |
| Retention rate | 0.0% | 0.0% | 1.2% | |
| Premium YoY % | 5.9% | -11.3% | -0.6% | +17.2 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH USA LLC3 | PO BOX 412703 BOSTON, MA 022410001 | METROPOLITAN LIFE INSURANCE COMPANY | — | $128K | $128K | 0.10% |
| MARSH USA LLC3 | PO BOX 412703 BOSTON, MA 022410001 | METROPOLITAN LIFE INSURANCE COMPANY | — | $227K | $227K | 0.39% |
| WILLIS TOWERS WATSON3 | COMMISSION LOCKBOX 28852 P.O. BOX 28852 NEW YORK, NY 10087 | METLIFE LEGAL PLANS | $208K | $17K | $225K | 2.67% |
| WATSON WYATT & COMPANY3 | 901 N. GLEBE ROAD ARLINGTON, VA 22203 | METLIFE LEGAL PLANS | $0 | $9K | $9K | 0.10% |
| TOWERS WATSON DELAWARE INC3 | P.O. BOX 28852 NEW YORK, NY 10087 | METLIFE LEGAL PLANS | $0 | $63 | $63 | 0.00% |
| ALIGHT SOLUTIONS3 | PO BOX 95135 CHICAGO, IL 606945135 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $196K | $196K | 2.76% |
| WILLIS TOWERS WATSON US LLC3 | PO BOX 28852 NEW YORK, NY 100878852 | METROPOLITAN LIFE INSURANCE COMPANY | $124K | $44K | $168K | 2.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF GEORGIA EIN 58-1638390 NONE | Claims processing; Float revenue; Other services; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 12 | — | $46.5M |
| WELL DOT, INC. EIN 83-3190954 NONE | Direct payment from the plan; Other services Service code 49 | — | $28.4M |
| UNITED HEALTHCARE INSURANCE CO. EIN 36-2739571 NONE | Direct payment from the plan; Claims processing; Other services Service code 12 | — | $21.7M |
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 NONE | Contract Administrator; Direct payment from the plan; Claims processing; Other services Service code 12 | — | $18.2M |
| ALIGHT SOLUTIONS LLC EIN 82-1061233 NONE | Contract Administrator; Direct payment from the plan; Recordkeeping fees Service code 13 | — | $12.5M |
| CVS PHARMACY, INC. EIN 05-0340626 NONE | Direct payment from the plan; Claims processing; Contract Administrator Service code 12 | — | $11.7M |
| SEDGWICK CLAIMS NAMAGEMENT SERVICES EIN 36-2685608 NONE | Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $9.6M |
| QUEST DIAGNOSTICS EIN 20-1908041 NONE | Other services; Direct payment from the plan Service code 49 | — | $4.1M |
| MAVEN CLINIC CO. EIN 46-5747423 NONE | Direct payment from the plan; Other services Service code 49 | — | $4.1M |
| PERSONIFY HEALTH, INC. EIN 20-2547480 NONE | Other services; Direct payment from the plan Service code 49 | — | $3.9M |
| MERATIVE US L.P. EIN 88-1430661 NONE | Direct payment from the plan; Other services Service code 49 | — | $854K |
| WILLIS TOWERS WATSON EIN 53-0181291 NONE | Consulting (general); Actuarial; Direct payment from the plan Service code 11 | — | $210K |
| MERCER HR CONSULTING EIN 13-2834414 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $168K |
| SILVERSCRIPT INSURANCE COMPANY EIN 20-2833904 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $110K |
| MCCONNELL & JONES LLP EIN 76-0488832 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $105K |
| BANK OF AMERICA RETIREMENT SERVICES EIN 56-0906609 INTERNAL BANK DEPT. | Plan Administrator; Trustee (directed); Direct payment from the plan; Trustee (bank, trust company, or similar financial institution) Service code 14 | — | $86K |
| AON CONSULTING INC. EIN 22-2232264 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $67K |
| BANK OF AMERICA PERSONNEL CENTER EIN 56-0906609 INTERNAL BANK DEPT. | Plan Administrator; Direct payment from the plan Service code 14 | — | $20K |
| SUN LIFE ASSURANCE CO OF CANADA EIN 38-1082080 NONE | Claims processing; Other fees; Direct payment from the plan Service code 12 | — | $10K |
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 | 170,439 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,343 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 172,782 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(14 contracts, 13 carriers) | KAISER FOUNDATION HEALTH PLAN INC. (SO. CALIFORNIA) | 51,705 | $121.8M |
| Dental(4 contracts, 4 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 262,911 | $168.3M |
| Vision(3 contracts, 3 carriers) | AETNA LIFE INSURANCE CO. | 262,911 | $29.8M |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 258,497 | $121.7M |
| Long-term disability(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 166,198 | $60.0M |
| Prescription drug(8 contracts, 8 carriers) | KAISER FOUNDATION HEALTH PLAN INC. (SO. CALIFORNIA) | 9,431 | $111.3M |
| Other(4 contracts, 4 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 258,497 | $131.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 262,911 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.