| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $40K | $4K | $44K | 16.43% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 2.00% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $21K | $2K | $23K | 16.35% |
| BENEFITS ADVISORS SVCS GRP LLC3 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 2.00% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL INC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $17K | $2K | $18K | 16.35% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 2.00% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL CENTER | 11311 MCCORMICK RD, STE 500 HUNT VALLEY, MD 210318622 | VISION SERVICE PLAN | $5K | — | $5K | 6.07% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL CENTER INC | 11311 MCCORMICK RD, 5TH FL HUNT VALLEY, MD 21031 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $2K | $145 | $2K | 32.39% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL CENTER INC | 11311 MCCORMICK RD 5TH FLOOR HUNT VALLEY, MD 210318622 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $256 | — | $256 | 8.43% |
| PSA INSURANCE & FINANCIAL PARTNERS3 Filed as: PSA INSURANCE & FINANCIAL SERVICES | 11311 MCCORMICK ROAD, 5TH FLOOR HUNT VALLEY, MD 21031 | UNION SECURITY INSURANCE COMPANY | $18K | — | $18K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA EIN 59-1031071 NONE | Other services; Non-monetary compensation; Claims processing; Direct payment from the plan; Float revenue; Named fiduciary; Participant communication; Contract Administrator Service code 12 | — | $521K |
| PNC BANK, NATIONAL ASSOCIATION EIN 25-1211909 NONE | Investment management fees paid directly by plan Service code 51 | — | $47K |
| ASSURANT DENTAL EIN 81-0170040 NONE | Contract Administrator Service code 13 | — | $40K |
| CLIFTONLARSONALLEN LLP EIN 41-0746749 NONE | Accounting (including auditing) Service code 10 | — | $35K |
| BUCK CONSULTANTS EIN 13-3954297 NONE | Actuarial Service code 11 | — | $25K |
| VSP EIN 23-7089668 NONE | Contract Administrator Service code 13 | — | $20K |
| TASC CLIENT SERVICES EIN 39-1561025 NONE | Contract Administrator Service code 13 | — | $14K |
| CAREFIRST BLUECROSS BLUESHIELD EIN 52-1385894 NONE | Contract Administrator Service code 13 | — | $14K |
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 | 638 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 64 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 702 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CAREFIRST BLUECROSS BLUESHIELD | 0 | $96K |
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 425 | $84K |
| Vision | VISION SERVICE PLAN | 600 | $87K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 624 | $266K |
| Long-term disability(3 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 541 | $148K |
| Prescription drug | CAREFIRST BLUECROSS BLUESHIELD | 0 | $96K |
| Other(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 624 | $378K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 624 | — |
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.