| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHESAPEAKE BENEFIT SERVICES INC3 Filed as: CHESAPEAKE BENEFIT SERVICES, INC | 860 WASHINGTON AVENUE CHESTERTOWN, MD 21620 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $40K | $0 | $40K | 11.25% |
| PSA INSURANCE & FINANCIAL PARTNERS3 Filed as: PSA INSURANCE & FINANCIAL PART | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $13K | $0 | $13K | 3.75% |
| PSA INSURANCE & FINANCIAL PARTNERS3 Filed as: PSA INSURANCE & FINANCIAL PART | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $11K | $0 | $11K | 11.11% |
| CHESAPEAKE BENEFIT SERVICES INC3 | 860 WASHINGTON AVENUE CHESTERTOWN, MD 21620 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $8K | $0 | $8K | 8.45% |
| CHESAPEAKE BENEFIT SERVICES INC3 | 860 WASHINGTON AVENUE CHESTERTOWN, MD 21620 | VISION SERVICE PLAN | $1K | $0 | $1K | 3.08% |
| PSA INSURANCE & FINANCIAL PARTNERS3 Filed as: PSA INSURANCE & FINANCIAL PART | 11311 MCCORMICK ROAD, SUITE 500 HUNT VALLEY, MD 21031 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $6K | $0 | $6K | 20.64% |
| CHESAPEAKE BENEFIT SERVICES INC3 Filed as: CHESAPEAKE BENEFIT SERVICES, INC | 860 WASHINGTON AVENUE CHESTERTOWN, MD 21620 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $1K | $0 | $1K | 4.43% |
| CHESAPEAKE BENEFIT SERVICES INC4 Filed as: CHESAPEAKE BENEFIT SERVICES, INC. | 860 WASHINGTON AVENUE CHESTERTOWN, MD 21620 | RELIANCE STANDARD | $694 | $0 | $694 | 7.49% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK ROAD HUNT VALLEY, MD 21031 | RELIANCE STANDARD | $233 | $0 | $233 | 2.51% |
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 | 488 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 488 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 375 | $29K |
| Vision | VISION SERVICE PLAN | 314 | $46K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 488 | $455K |
| Other(3 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 488 | $501K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 488 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.