| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES INC | 80 S 8TH ST SUITE 700 MINNEAPOLIS, MN 55402 | SUN LIFE ASSURANCE COMPANY OF CANADA | $55K | $32K | $87K | 10.44% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANOES (BOSTON) | 80 SOUTH 8TH SREET STE. 700 MINNEAPOLIS, MN 55402 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $13K | — | $13K | 1.97% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 80 S 8TH ST STE 700 MIN, MN 55402 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $1K | $1K | $3K | 0.40% |
| IBENEFIT COMMUNICATION LLC3 | 6230 FAIRVIEW DR SUITE 210 CHARLOTTE, NC 28210 | SUN LIFE ASSURANCE COMPANY OF CANADA | $27K | — | $27K | 25.65% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES INC | 80 S 8TH ST SUITE 700 MINNEAPOLIS, MN 55402 | SUN LIFE ASSURANCE COMPANY OF CANADA | $15K | $2K | $17K | 15.66% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 133 FEDERAL STREET 3RD FLOOR BOSTON, MA 02110 | EYEMED VISION CARE | $8K | — | $8K | 13.81% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES USE -20264562 | 133 FEDERAL STREET 3RD FLOOR BOSTON, MA 02110 | EYEMED VISION CARE | $2K | — | $2K | 2.89% |
| HAYS COMPANIES, INC.3 Filed as: THE HAYS GROUP, INC. | 80 SOUTH 8TH ST. STE 700 MINNEAPOLIS, MN 55402 | METROPOLITAN PROPERTY AND CASUALTY INSURANCE CO. | $2K | $271 | $2K | 9.06% |
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 | 822 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 829 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SUN LIFE ASSURANCE COMPANY OF CANADA | 245 | $107K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 769 | $649K |
| Vision | EYEMED VISION CARE | 1,075 | $59K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,312 | $830K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,312 | $830K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,312 | $830K |
| Other | METROPOLITAN PROPERTY AND CASUALTY INSURANCE CO. | 84 | $21K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,312 | — |
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.