| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUMANA INSURANCE OF PUERTO RICO3 Filed as: HUMANA INSURANCE OF PR INC | 383 FD ROOSEVELT SAN JUAN, PR 00918 | HUMANA INSURANCE OF PR INC | — | $246K | $246K | 15.00% |
| MYRIAD BENEFITS INC3 | PO BOX 1377 GUAYNABO, PR 00970 | HUMANA INSURANCE OF PR INC | $89K | — | $89K | 5.41% |
| INNOVA INSURANCE SERVICE3 | PMB 234 AVE ESMERALDA 405 STE 2 GUAYNABO, PR 009694427 | AETNA LIFE INSURANCE CO | $15K | — | $15K | 16.42% |
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 | 485 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 485 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA INSURANCE OF PR INC | 485 | $1.6M |
| Dental | HUMANA INSURANCE OF PR INC | 485 | $1.6M |
| Life insurance(2 contracts, 2 carriers) | HUMANA INSURANCE OF PR INC | 496 | $1.7M |
| Long-term disability | AETNA LIFE INSURANCE CO | 496 | $93K |
| Prescription drug | HUMANA INSURANCE OF PR INC | 485 | $1.6M |
| Other(2 contracts, 2 carriers) | HUMANA INSURANCE OF PR INC | 496 | $1.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 496 | — |
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.