| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAIN HEALTH3 Filed as: MERITAIN HEALTH INC | 300 CORPORATE PKWY BUFFALO, NY 14226 | RELIASTAR LIFE INSURANCE COMPANY | — | $25K | $25K | 3.00% |
| MARSH & MCLENNAN AGENCY LLC3 | 340 S PINE STREET SPARTANBURG, SC 29302 | RELIASTAR LIFE INSURANCE COMPANY | $25K | — | $25K | 2.91% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE STREET SPARTANBURG, SC 29302 | RELIASTAR LIFE INSURANCE COMPANY | $18K | — | $18K | 2.09% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE ST SPARTANBURG, SC 29302 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $27K | $2K | $29K | 9.77% |
| MARSH & MCLENNAN AGENCY LLC3 | 340 S PINE ST SPARTANBURG, SC 29302 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $21K | — | $21K | 7.07% |
| STEINBERG & ASSOCIATES, INC.3 Filed as: STEINBERG & ASSOCIATES INC | 340 SOUTH PINE STREET SPARTANBURG, SC 29302 | EYEMED VISION CARE | $2K | — | $2K | 7.04% |
| MARSH & MCLENNAN AGENCY LLC3 | 340 SOUTH PINE STREET SPARTANBURG, SC 29302 | EYEMED VISION CARE | $1K | — | $1K | 3.59% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 THIRD PARTY ADMINISTRATOR | Insurance brokerage commissions and fees; Contract Administrator Service code 13 | — | $269K |
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 | 618 | 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) | 618 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | RELIASTAR LIFE INSURANCE COMPANY | 618 | $848K |
| Vision | EYEMED VISION CARE | 495 | $34K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 609 | $301K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 609 | $301K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 609 | $301K |
| Stop-loss / reinsurancereinsurance | RELIASTAR LIFE INSURANCE COMPANY | 618 | $848K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 618 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.