| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAN HEALTH5 | — | AETNA LIFE INSURANCE COMPANY | $21K | $210K | $231K | 30.44% |
| STEINBERG & ASSOCIATES, INC.3 Filed as: STEINBERG & ASSOCIATES INC. | 340 SOUTH PINE STREET SPARTANBURG, SC 29302 | AETNA LIFE INSURANCE COMPANY | $61K | — | $61K | 8.03% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE ST SPARTANBURG, SC 29302 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $41K | $3K | $44K | 18.55% |
| STEINBERG & ASSOCIATES, INC.3 Filed as: STEINBERG & ASSOCIATES INC | 340 SOUTH PINE STREET SPARTANBURG, SC 29302 | EYEMED VISION CARE | $2K | — | $2K | 8.44% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 THIRD PARTY ADMINISTRATOR | Contract Administrator; Insurance brokerage commissions and fees Service code 13 | — | $231K |
| STEINBERG & ASSOCIATES INC. AGENT | Insurance agents and brokers; Other fees Service code 22 | 340 SOUTH PINE ST SPARTANBURG, SC 29302 | $107K |
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 | 757 | 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) | 757 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 402 | $759K |
| Dental | AETNA LIFE INSURANCE COMPANY | 402 | $759K |
| Vision(2 contracts, 2 carriers) | AETNA LIFE INSURANCE COMPANY | 492 | $789K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 757 | $237K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 757 | $237K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 757 | $237K |
| Prescription drug | AETNA LIFE INSURANCE COMPANY | 402 | $759K |
| Stop-loss / reinsurancereinsurance | AETNA LIFE INSURANCE COMPANY | 402 | $759K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 757 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.