| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 Filed as: TOWERS WATSON DELAWARE INC | PO BOX 28852 NEW YORK, NY 100878852 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $95 | $95 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| JP MORGAN CHASE EIN 13-4994650 PARTY-IN-INTEREST | Other fees; Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $1.2M |
| HARVEY WATT AND CO. EIN 58-1873472 CLAIMS PROCESSING | Claims processing; Contract Administrator Service code 12 | — | $907K |
| GOLDMAN SACHS ASSET MGT EIN 13-3575636 CONSULTANT | Consulting (general) Service code 16 | — | $415K |
| CONDUENT EIN 32-0293031 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $390K |
| UBS EIN 36-3664388 PARTY-IN-INTEREST | Investment management Service code 28 | — | $347K |
| MONDRIAN INV. PARTNERS LTD EIN 98-0117968 PARTY-IN-INTEREST | Investment management Service code 28 | — | $281K |
| SANDS CAPITAL MANAGEMENT EIN 20-2830751 PARTY-IN-INTEREST | Investment management Service code 28 | — | $204K |
| GUGGENHEIM PARTNERS EIN 80-0644053 PARTY-IN-INTEREST | Investment management Service code 28 | — | $198K |
| COPPER ROCK CAPITAL EIN 75-3179897 PARTY-IN-INTEREST | Investment management Service code 28 | — | $178K |
| BRANDES INVESTMENT PARTNERS LP EIN 33-0704072 PARTY-IN-INTEREST | Investment management Service code 28 | — | $141K |
| KAYNE ANDERSON RUDNICK INVEST. MGMT EIN 95-4575414 PARTY-IN-INTEREST | Investment management Service code 28 | — | $58K |
| ARGA INVESTMENT MANAGEMENT, LP EIN 27-2341610 PARTY-IN-INTEREST | Investment management Service code 28 | — | $58K |
| LMCG INVESTMENTS EIN 27-0282607 PARTY-IN-INTEREST | Investment management Service code 28 | — | $49K |
| NOMURQ EIN 13-3607885 PARTY-IN-INTEREST | Investment management Service code 28 | — | $43K |
| BARINGS EIN 04-1590850 PARTY-IN-INTEREST | Investment management Service code 28 | — | $40K |
| WILLIS TOWERS WATSON EIN 23-1159360 ACTUARY | Actuarial Service code 11 | — | $37K |
| FRAZIER & DEETER, LLC. EIN 58-1433845 AUDITOR | Accounting (including auditing) Service code 10 | — | $27K |
| WALKER AND CHANDIOK & CO, LLP PARTY-IN-INTEREST | Investment management Service code 28 | — | $24K |
| WELLINGTON MANAGEMENT COMPANY EIN 47-1167553 PARTY-IN-INTEREST | Investment management Service code 28 | — | $16K |
| STATE STREET GLOBAL ADVISORS TRUST EIN 81-4017137 PARTY-IN-INTEREST | Investment management Service code 28 | — | $14K |
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 | 14,081 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4,824 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 18,905 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 21,072 | $11.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 21,072 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.