| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MYRIAD BENEFITS INC3 Filed as: MYRIAD BENEFITS | PO BOX 1377 GUAYNABO, PR 009701377 | DELTA DENTAL OF PUERTO RICO | $6K | — | $6K | 10.00% |
| MYRIAD BENEFITS INC3 Filed as: MYRIAD BENEFITS | PO BOX 1377 GUAYNABO, PR 009701377 | TRIPLE S VIDA | $12K | — | $12K | 20.00% |
| MCS LIFE INSURANCE COMPANY3 | PO BOX 9023547 SAN JUAN, PR 009023547 | MCS LIFE INSURANCE COMPANY | $0 | $338K | $338K | 1336.68% |
| MYRIAD BENEFITS INC3 Filed as: MYRIAD BENEFITS | PO BOX 1377 GUAYNABO, PR 009701377 | MCS LIFE INSURANCE COMPANY | $24K | $0 | $24K | 95.03% |
| MYRIAD BENEFITS INC3 Filed as: MYRIAD BENEFITS | PO BOX 1377 GUAYNABO, PR 009701377 | TRIPLE S VIDA | $1K | — | $1K | 14.99% |
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 | 416 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 416 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MCS LIFE INSURANCE COMPANY | 416 | $25K |
| Dental | DELTA DENTAL OF PUERTO RICO | 417 | $64K |
| Life insurance | TRIPLE S VIDA | 480 | $62K |
| Long-term disability | TRIPLE S VIDA | 35 | $9K |
| Prescription drug | MCS LIFE INSURANCE COMPANY | 416 | $25K |
| Stop-loss / reinsurancereinsurance | MCS LIFE INSURANCE COMPANY | 416 | $25K |
| Other | MCS LIFE INSURANCE COMPANY | 416 | $25K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 480 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.