| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUMANA INSURANCE OF PUERTO RICO3 Filed as: HUMANA INSURANCE OF PUERTO RICO INC | AVE F D ROOSEVELT 383 SAN JUAN, PR 009182131 | HUMANA INSURANCE OF PUERTO RICO INC | — | $270K | $270K | 17.50% |
| MYRIAD BENEFITS INC3 | PO BOX 1377 GUAYNABO, PR 00970 | HUMANA INSURANCE OF PUERTO RICO INC | $63K | — | $63K | 4.12% |
| HUMANA INSURANCE OF PUERTO RICO3 | 383 AVE ROOSEVELT SAN JUAN, PR 009182131 | HUMANA INSURANCE OF PUERTO RICO INC | — | $200K | $200K | 15.00% |
| HUMAN ADVANTAGE INSURANCE BROKERS3 Filed as: HUMAN ADVANTAGE INSURANCE | PO BOX 195654 SAN JUAN, PR 009195654 | HUMANA INSURANCE OF PUERTO RICO INC | $74K | — | $74K | 5.54% |
No Schedule C service providers reported on this filing.
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 | 394 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 394 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $2.9M |
| Dental(2 contracts) | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $2.9M |
| Vision(2 contracts) | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $2.9M |
| Life insurance | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $1.3M |
| Prescription drug(2 contracts) | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $2.9M |
| Other(2 contracts) | HUMANA INSURANCE OF PUERTO RICO INC | 204 | $2.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 204 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.