| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC3 | 200 INTERNATIONAL CIRCLE, STE 4500 HUNT VALLEY, MD 21030 | STANDARD INSURANCE COMPANY | $177K | — | $177K | 18.83% |
| AP BENEFIT ADVISORS, LLC3 | 200 INTERNATIONAL CIRCLE, STE 4500 HUNT VALLEY, MD 21030 | VISION SERVICE PLAN | $2K | — | $2K | 2.35% |
| AP BENEFIT ADVISORS, LLC3 | 200 INTERNATIONAL CIRCLE, STE 4500 HUNT VALLEY, MD 21030 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $92 | — | $92 | 4.95% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 MEDICAL ADMIN | Contract Administrator; Claims processing Service code 12 | — | $868K |
| AP BENEFIT ADVISORS, LLC EIN 30-0837157 BENEFITS ADMIN | Contract Administrator Service code 13 | — | $159K |
| STANDARD INSURANCE COMPANY EIN 93-0242990 ABSENCE MGMT/FMLA | Contract Administrator; Claims processing Service code 12 | — | $56K |
| METROPOLITAN LIFE INSURANCE CO EIN 13-5581829 DENTAL ADMIN | Claims processing; Contract Administrator Service code 12 | — | $54K |
| WAGEWORKS EIN 94-3351864 FSA/HSA ADMIN | Contract Administrator; Claims processing Service code 12 | — | $42K |
| CIGNA BEHAVIORAL HEALTH, INC. EIN 41-1648670 EAP ADMIN | Participant communication; Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $13K |
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 | 883 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 34 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 930 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 404 | $11K |
| Vision | VISION SERVICE PLAN | 675 | $99K |
| Life insurance | STANDARD INSURANCE COMPANY | 883 | $940K |
| Long-term disability | STANDARD INSURANCE COMPANY | 883 | $940K |
| Other(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 883 | $942K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 883 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.