| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AON CONSULTING INC Filed as: AON CONSULTING | 29840 NETWORK PL CHICAGO, IL 60673 | CIGNA GROUP INSURANCE | $3K | $119 | $3K | 14.56% |
| AON CONSULTING INC Filed as: AON CONSULTING | 6000 UPTOWN BLVD SUITE 400 ALBUQUERQUE, NM 87110 | METROPOLITAN LIFE INSURANCE COMPANY | $643 | $152 | $795 | 18.51% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| THE BOON INSURANCE AGENCY EIN 74-2236168 MARKETING AGENT | Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | 6300 BRIDGEPOINT PARKWAY AUSTIN, TX 78730 | $38K |
| BOON ADMINISTRATIVE SERVICES EIN 33-0449333 CONTRACTED THIRD PARTY AD | Contract Administrator; Claims processing; Direct payment from the plan Service code 12 | 6300 BRIDGEPOINT PARKWAY AUSTIN, TX 78730 | $22K |
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 | 190 | 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) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 190 | $4K |
| Long-term disability | CIGNA GROUP INSURANCE | 100 | $19K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 190 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 190 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.