| Metric | This plan | Peer median | Peer avg | vs. peer |
|---|---|---|---|---|
| Premium per covered life | $6K | $953 | $2K | +579.0% |
| Broker comp per covered life | $99 | $39 | $59 | +151.7% |
| Broker comp % of premium | 1.5% | 4.8% | 5.4% | -3.3 pp |
| Retention rate | 2.6% | 2.6% | 5.1% | 0.0 pp |
| Premium YoY % | 3.5% | -0.5% | 29.5% | +4.0 pp |
| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN LIFE INSURANCE COMPANY | $3.2M | $1.9M | $5.1M | 12.79% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN LIFE INSURANCE COMPANY | $70K | $144K | $214K | 14.18% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN LIFE INSURANCE COMPANY | $204K | $20K | $224K | 19.67% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN GENERAL INSURANCE COMPANY | $55K | $0 | $55K | 10.11% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN GENERAL INSURANCE COMPANY | $0 | $7K | $7K | 1.27% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN GENERAL INSURANCE COMPANY | $0 | $13 | $13 | 0.00% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METROPOLITAN GENERAL INSURANCE COMPANY | -$5K | — | -$5K | -0.92% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. SUITE 300 BRADENTON, FL 34205 | METLIFE LEGAL PLANS OF FLORIDA | $11K | $0 | $11K | 10.48% |
| COADVANTAGE INSURANCE SOLUTIONS COR3 | 101 RIVERFRONT BLVD. BRADENTON, FL 34205 | METLIFE LEGAL PLANS OF FLORIDA | — | $13 | $13 | 0.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ALABAMA EIN 63-0103830 | Claims processing Service code 12 | 450 RIVERCHASE PARKWAY EAST P.O. BOX 995 BIRMINGHAM, AL 35298 | $126K |
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 | 51,204 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 51,204 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(9 contracts, 8 carriers) | AETNA LIFE INSURANCE CO. | 21,790 | $191.4M |
| Dental(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $40.5M |
| Vision(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $40.5M |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $40.1M |
| Short-term disability(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $41.6M |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $40.1M |
| Prescription drug(4 contracts, 4 carriers) | BLUE CROSS AND BLUE SHIELD OF FLORIDA | 5,931 | $151.6M |
| Other(4 contracts, 4 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 56,698 | $62.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 56,698 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.