| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MST INSURANCE SOLUTIONS, INC.3 Filed as: MST INSURANCE SOLUTIONS INC. | 21241 S. WESTERN AVE., SUITE 200 TORRANCE, CA 90501 | NIPPON LIFE INSURANCE COMPANY OF AMERICA | $135K | — | $135K | 4.94% |
| SEVEN CORNERS INSURANCE SOLUTIONS3 | 21241 S. WESTERN AVE., SUITE 250 TORRANCE, CA 90501 | PRINCIPAL LIFE INSURANCE COMPANY | $38K | $5K | $43K | 12.41% |
| EMERSON REID LLC3 | 350 5TH AVE STE.3700 NEW YORK, NY 10118 | PRINCIPAL LIFE INSURANCE COMPANY | $11K | — | $11K | 3.28% |
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 | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 440 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | NIPPON LIFE INSURANCE COMPANY OF AMERICA | 440 | $2.7M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 384 | $343K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 384 | $343K |
| Life insurance(2 contracts, 2 carriers) | NIPPON LIFE INSURANCE COMPANY OF AMERICA | 440 | $3.1M |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 384 | $343K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 384 | $343K |
| Other | NIPPON LIFE INSURANCE COMPANY OF AMERICA | 440 | $2.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 440 | — |
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.
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.