| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC Filed as: TRION GROUP, A MARSH MCLENNAN | 55 WATER STEET NEW YORK, NY 10041 | QBE INSURANCE | $93K | $31K | $124K | 20.00% |
| MARSH & MCLENNAN AGENCY LLC3 | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $13K | $1K | $14K | 16.23% |
| MARSH & MCLENNAN AGENCY LLC3 | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $12K | $1K | $14K | 16.42% |
| MARSH & MCLENNAN AGENCY LLC3 | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $550 | $6K | 16.53% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHFIRST TPA EIN 75-2348381 TPA | Contract Administrator Service code 13 | PO BOX 130187 TYLER, TX 757130187 | $288K |
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 | 563 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 566 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,224 | $88K |
| Short-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,224 | $88K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,241 | $82K |
| Stop-loss / reinsurancereinsurance | QBE INSURANCE | 583 | $621K |
| Other | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 92 | $36K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,241 | — |
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.