| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAIN HEALTH5 | 4630 WOODLAND CORPORATE BLVD MAIL STOP F395 TAMPA, FL 33614 | TOKIO MARINE HCC | $38K | $294K | $332K | 45.55% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE STREET SPARTANBURG, SC 29302 | TOKIO MARINE HCC | $64K | — | $64K | 8.86% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE ST SPARTANBURG, SC 29302 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $45K | $9K | $54K | 20.62% |
| STEINBERG & ASSOCIATES, INC.3 Filed as: STEINBERG & ASSOCIATES INC | 340 SOUTH PINE STREET SPARTANBURG, SC 29302 | EYEMED VISION CARE | $3K | — | $3K | 9.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 THIRD PARTY ADMINISTRATOR | Contract Administrator Service code 13 | — | $332K |
| STEINBERG & ASSOCIATES INC. AGENT | Insurance agents and brokers Service code 22 | 340 SOUTH PINE ST SPARTANBURG, SC 29302 | $121K |
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 | 665 | 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) | 665 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | EYEMED VISION CARE | 534 | $31K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 665 | $260K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 665 | $260K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 665 | $260K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC | 401 | $728K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 665 | — |
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.