| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDWARD W MURRAY III3 Filed as: EDWARD WILLIAM MURRAY | 14120 METROPOLIS AVE FORT MYERS, FL 33912 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | $0 | $4K | 4.56% |
| MARSH & MCLENNAN AGENCY LLC3 | PO BOX 744831 ATLANTA, GA 30374 | PRINCIPAL LIFE INSURANCE COMPANY | $342 | $0 | $342 | 0.44% |
| NAMELY EMPLOYEE BENEFITS, LLC3 Filed as: NAMELY EMPLOYEE BENEFITS LLC | 195 BROADWAY FL 15 NEW YORK, NY 10007 | PRINCIPAL LIFE INSURANCE COMPANY | $345 | $0 | $345 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUMINARE HEALTH BENEFITS, INC. EIN 35-1846036 NONE | Claims processing; Plan Administrator; Other services Service code 12 | UNKNOWN UNKNOWN, FL 00000 | $133K |
| AETNA PPO EIN 06-6033492 NONE | Claims processing Service code 12 | UNKNOWN UNKNOWN, FL 00000 | $26K |
| EDWARD MURRAY NONE | Consulting (general); Insurance agents and brokers Service code 16 | 14120 METROPOLIS AVENUE FORT MYERS, FL 33912 | $17K |
| MARSH & MCLENNAN AGENCY, LLC- SE EIN 26-3237576 NONE | Consulting (general); Insurance agents and brokers Service code 16 | UNKNOWN UNKNOWN, GA 00000 | $6K |
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 | 172 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 176 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 173 | $86K |
| Long-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 173 | $86K |
| Stop-loss / reinsurancereinsurance | AETNA LIFE INSURANCE COMPANY | 173 | $554K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 173 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.