| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS TOWERS WATSON DELAWARE INC | PO BOX 28852 NEW YORK, NY 10087 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | $57K | $69K | 0.56% |
| AMERICAN BENEFITS AND COMPENSATION3 | 101 PARK AVE FL 14 NEW YORK, NY 101782103 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1K | $1K | 0.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BANK OF NEW YORK MELLON EIN 13-5160382 TRUSTEE | Direct payment from the plan; Float revenue; Trustee (bank, trust company, or similar financial institution); Shareholder servicing fees; Other fees Service code 21 | — | $108K |
| LAZARD ASSET MANAGEMENT EIN 05-0530199 NONE | Investment management; Direct payment from the plan Service code 28 | — | $61K |
| INVESCO ADVISORS EIN 58-1707262 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $58K |
| NEWPORT GROUP | Insurance brokerage commissions and fees Service code 53 | — | $57K |
| ABERDEEN ASSET MGMT EIN 51-0368279 NONE | Direct payment from the plan; Investment management Service code 28 | — | $48K |
| DEPRINCE, RACE AND ZOLLO EIN 59-3299598 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $29K |
| AON EIN 59-3099288 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $13K |
| HANCOCK BANK EIN 64-0169065 TRUSTEE | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | — | $10K |
| CAPTRUST EIN 26-0058143 NONE | Direct payment from the plan; Investment management Service code 28 | — | $7K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 16,534 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 16,534 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 15,701 | $12.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 15,701 | — |
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 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.