| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMPLOYEE BENEFIT MGMT SERVICES LLC5 Filed as: EMPLOYEE BENEFIT MGMT SERVICES INC | PO BOX 21367 BILLINGS, MT 59104 | BENCHMARK INSURANCE COMPANY | $141K | — | $141K | 15.00% |
| EMPLOYEE BENEFIT MGMT SERVICES LLC3 Filed as: EMPLOYEE BENEFIT MGMT SERVICES, INC | 2075 OVERLAND AVE. BILLINGS, MT 59102 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 13.34% |
| EMPLOYEE BENEFIT MGMT SERVICES LLC3 Filed as: EMPLOYEE BENEFIT MGMT SERVICES, INC | P.O. BOX 21367 BILLINGS, MT 591041367 | HARTFORD LIFE & ACCIDENT INSURANCE CO. | $3K | — | $3K | 14.95% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMLOYEE BENEFIT MGMT SERVICES, INC. EIN 81-0391256 ADMINISTRATION | Contract Administrator Service code 13 | — | $42K |
| AETNA SIGNATURE ADMINISTRATORS EIN 06-6033492 PPO | Other services Service code 49 | — | $25K |
| EMPLOYEE BENEFIT MGMT SERVICES INC EIN 81-0391256 UTILIZATION REVIEW | Other services; Other fees Service code 49 | — | $11K |
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 | 127 | 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) | 127 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | BENCHMARK INSURANCE COMPANY | 301 | $937K |
| Life insurance | HARTFORD LIFE & ACCIDENT INSURANCE CO. | 132 | $21K |
| Long-term disability | STANDARD INSURANCE COMPANY | 120 | $23K |
| Prescription drug | BENCHMARK INSURANCE COMPANY | 301 | $937K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | BENCHMARK INSURANCE COMPANY | 301 | $964K |
| Other(3 contracts, 3 carriers) | BENCHMARK INSURANCE COMPANY | 301 | $985K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 301 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.