| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA | PO BOX 9023549 SAN JUAN, PR 009023549 | MCS LIFE INSURANCE CO. | $58K | — | $58K | 5.45% |
| GFG BENEFITS3 Filed as: GFG INSURANCE | CAPARRA OFFICE CENTER SUITE 200 GUAYNABO, PR 00968 | MCS LIFE INSURANCE CO. | — | $10K | $10K | 0.99% |
| CFG INSURANCE3 | 22 AVE. GONZALEZ GUISTE CAPARRA OFFICE CENTER, SUITE 200 GUAYNABO, PR 00968 | DELTA DENTAL OF PUERTO RICO, INC. | $5K | $0 | $5K | 10.00% |
| SHIELD INSURANCE SOLUTIONS3 Filed as: SHIELD INSURANCE SOLUTIONS LLC | #1353 AVE. LUIS VIGOREAUX PMB 627 GUAYNABO, PR 00966 | UNIVERSAL LIFE INSURANCE COMPANY | $4K | — | $4K | 16.00% |
| SHIELD INSURANCE SOLUTIONS3 Filed as: SHIELD INSURANCE SOLUTIONS LLC | #1353 AVE. LUIS VIGOREAUX PMB 627 GUAYNABO, PR 00966 | UNIVERSAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.95% |
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 | 126 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 126 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MCS LIFE INSURANCE CO. | 126 | $1.1M |
| Dental | DELTA DENTAL OF PUERTO RICO, INC. | 125 | $50K |
| Vision | MCS LIFE INSURANCE CO. | 126 | $1.1M |
| Life insurance(2 contracts, 2 carriers) | MCS LIFE INSURANCE CO. | 126 | $1.1M |
| Long-term disability | UNIVERSAL LIFE INSURANCE COMPANY | 0 | $15K |
| Prescription drug | MCS LIFE INSURANCE CO. | 126 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 126 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.