| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS AND COMPENSATION3 Filed as: AMERICAN BENEFITS & COMPENSATION | 101 PARK AVE FL 14 NEW YORK, NY 10178 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $84K | $11K | $95K | 17.00% |
| VAN DYKE RANKIN FINANCIAL SERVICES Filed as: VAN DYKE RANKIN & COMPANY INC | 211 SOUTH AUSTIN STREET BRENHAM, TX 77833 | GUARDIAN | $13K | — | $13K | 3.80% |
| BENE USA LLC Filed as: BENE USA, LLC | 261 SCHOOL AVE, STE. 350 EXCELSIOR, MN 55331 | GUARDIAN | $10K | — | $10K | 3.00% |
| BENEFITS BROKERS EXCHANGE INC. Filed as: BENEFITS BROKERS EXCHANGE, INC. | 1800 ST. JAMES PLACE SUITE 325 HOUSTON, TX 77056 | GUARDIAN | $4K | — | $4K | 1.20% |
| AMERICAN BENEFITS CONSULTING LLC Filed as: AMERICAN BENEFITS CONSULTING LC | 101 PARK AVE FL 14 NEW YORK, NY 10178 | VISION SERVICE PLAN | $23K | — | $23K | 9.97% |
| AMERICAN BENEFITS AND COMPENSATION3 Filed as: AMERICAN BENEFITS & COMPENSATION | 101 PARK AVE FL 14 NEW YORK, NY 10178 | RELIASTAR LIFE INSURANCE COMPANY | $31K | — | $31K | 20.00% |
| AMERICAN BENEFITS AND COMPENSATION3 Filed as: AMERICAN BENEFITS & COMPENSATION | 101 PARK AVE FL 14 NEW YORK, NY 10178 | RELIASTAR LIFE INSURANCE COMPANY | $16K | — | $16K | 20.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC EIN 36-3086057 | Plan Administrator Service code 14 | 200 W. ADAMS ST STE 500 CHICAGO, IL 60606 | $489K |
| PHCS EIN 04-3138814 | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | PO BOX D-3232 BOSTON, MA 022413232 | $160K |
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 | 2,999 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 36 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,035 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 1,585 | $227K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 3,228 | $890K |
| Other(2 contracts) | RELIASTAR LIFE INSURANCE COMPANY | 881 | $238K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,228 | — |
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.