| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| OSPREY CONTRACTOR CONSULTING3 | 63 INTERLAKEN ORLANDO, FL 32804 | AETNA LIFE INSURANCE COMPANY | $49K | $0 | $49K | 9.24% |
| BARTLEY INSURANCE SERVICES, INC.3 | 3684-A HENDERSON DRIVE JACKSONVILLE, NC 28546 | AETNA LIFE INSURANCE COMPANY | $32K | $0 | $32K | 5.92% |
| THE BOON INSURANCE AGENCY3 | 6300 BRIDGEPOINT PARKWAY, STE 500 AUSTIN, TX 78730 | AETNA LIFE INSURANCE COMPANY | $3K | $0 | $3K | 0.55% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES, INC. EIN 33-0449333 NONE | Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $724K |
| BOON INSURANCE AGENCY, INC. EIN 74-2236168 NONE | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $0 |
| FIRST HEALTH GROUP EIN 20-1736437 NONE | Other services Service code 49 | — | $0 |
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 | 451 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 451 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AETNA LIFE INSURANCE COMPANY | 451 | $534K |
| Life insurance | AETNA LIFE INSURANCE COMPANY | 451 | $534K |
| Stop-loss / reinsurancereinsurance(2 contracts) | GERBER LIFE INSURANCE COMPANY | 379 | $242K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 451 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.