| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| POPULAR RISK SERVICES, LLC3 Filed as: POPULAR RISK | PO BX 71390 SAN JUAN, PR 009368390 | MCS LIFE INSRANCE COMPNY | $62K | — | $62K | 2.59% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH PUERTO RICO | PO BOX 9023549 SAN JUAN, PR 009023549 | MCS LIFE INSRANCE COMPNY | $24K | — | $24K | 1.02% |
| CGF INSURANCE LLC3 | CAPARRA OFFICE CENTER SUITE 200 GUAYNABO, PR 009683011 | MCS LIFE INSRANCE COMPNY | — | $24K | $24K | 0.99% |
| POPULAR RISK SERVICES, LLC3 Filed as: POPULAR RISK SERVICES LLC | PO BOX 71390 SAN JUAN, PR 00936 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $14K | — | $14K | 15.02% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH PUERTO RICO NC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 2.79% |
| CENTRAL GROUP INSURANCE AGENCY3 | PO BOX 1868 DORADO, PR 00646 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $639 | — | $639 | 0.68% |
| INNOVA INSURANCE3 Filed as: INNOVA INTERNATIONAL PUERTO RICO | PO BOX 299 MERCEDITA, PR 007150233 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $22 | — | $22 | 0.02% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL PUERTO RICO | 255 AVE PONCE DE LEON STE 700 SAN JUAN, PR 00918 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $6 | $6 | 0.01% |
| POPULAR RISK SERVICES, LLC3 | PO BOX 71390 SAN JUAN, PR 00936 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $11K | — | $11K | 13.08% |
| CENTRAL GROUP INSURANCE AGENCY3 Filed as: CENTRAL GROUP INSURANCE AGENCY, INC | PO BOX 1868 DORADO, PR 00646 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $401 | $3K | $4K | 4.02% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH PUERTO RICO INC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 2.50% |
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 007150299 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6 | — | $6 | 0.01% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL PUERTO RICO | 255 AVE PONCE DE LEON STE 700 SAN JUAN, PR 00918 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1 | $1 | 0.00% |
| POPULAR RISK SERVICES, LLC3 Filed as: POPULAR RISK SERVICES INC | PO BOX 71390 SAN JUAN, PR 00936 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 16.98% |
| CENTRAL GROUP INSURANCE AGENCY3 Filed as: CENTRAL GROUP INSURANCE AGENCY INC | PO BOX 1868 DORADO, PR 00646 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $83 | $549 | $632 | 3.90% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH PUERTO RICO INC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $424 | — | $424 | 2.62% |
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 007150233 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1 | — | $1 | 0.01% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL PUERTO RICO | 255 AVE PONCE DE LEON STE 700 SAN JUAN, PR 00918 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1 | $1 | 0.01% |
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 | 420 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 420 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MCS LIFE INSRANCE COMPNY | 420 | $2.4M |
| Dental | MCS LIFE INSRANCE COMPNY | 420 | $2.4M |
| Vision | MCS LIFE INSRANCE COMPNY | 420 | $2.4M |
| Life insurance(2 contracts, 2 carriers) | MCS LIFE INSRANCE COMPNY | 420 | $2.4M |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 194 | $6K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 178 | $95K |
| Prescription drug | MCS LIFE INSRANCE COMPNY | 420 | $2.4M |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 334 | $88K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 420 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.