| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | ANTHEM BLUE CROSS BLUE SHIELD | $121K | — | $121K | 4.01% |
| ENROLLEASE3 Filed as: BOUCHEY & CLARKE BENEFITS, INC. | 1819 FIFTH AVE PO BOX 1616 TROY, NY 121811616 | CAPITAL DISTRICT PHYSICIAN'S HEALTH PLAN INC. | $69K | — | $69K | 3.71% |
| PSA FINANCIAL, INC.3 | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | MVP HEALTH CARE | $18K | — | $18K | 3.66% |
| ARMADA CONSULTING GROUP, LLC3 Filed as: ARMADA CORP | 230 SCHILLING CIR, #140 HUNT VALLEY, MD 21031 | MVP HEALTH CARE | $2K | — | $2K | 0.31% |
| PSA FINANCIAL, INC.3 | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | THE GUARDIAN LIFE INSURANCE COMPANY | $25K | $10K | $35K | 14.20% |
| ENROLLEASE3 Filed as: BOUCHEY & CLARKE BENEFITS, INC | 293 TROY SCHENECTADY ROAD LATHAM, NY 12110 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 3.59% |
| PSA FINANCIAL, INC.3 | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2K | $2K | $3K | 11.15% |
| ARMADA CONSULTING GROUP, LLC3 Filed as: ARMADA BENEFIT PARTNERS, LLC | 230 SCHILLING CIRCLE, SUITE 140 HUNT VALLEY, MD 21031 | VISION SERVICE PLAN | $1K | — | $1K | 4.63% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL CENTER | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | VISION SERVICE PLAN | $71 | — | $71 | 0.27% |
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 | 440 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 446 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 4 carriers) | ANTHEM BLUE CROSS BLUE SHIELD | 410 | $5.4M |
| Dental(3 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY | 261 | $375K |
| Vision | VISION SERVICE PLAN | 226 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 410 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.