| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MGU OF THE WEST INS SVCS INC3 Filed as: MGU OF WEST INSURANCE SERVICES INC. | ONESOURCE STOPLOSS INSUR. MARKETING 9245 LAGUNA SPRINGS DR STE 320 ELK GROVE, CA 957587991 | RELIASTAR LIFE INSURANCE COMPANY | $64K | $0 | $64K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHCOMP ADMINISTRATORS EIN 77-0385729 CONTRACT ADMINISTRATOR | Direct payment from the plan; Contract Administrator Service code 13 | — | $289K |
| LP INSURANCE SERVICES EIN 27-3054238 BROKER | Direct payment from the plan; Insurance agents and brokers Service code 22 | — | $78K |
| MULTIPLAN INC EIN 04-3138814 PPO VENDOR | Other fees; Direct payment from the plan Service code 50 | — | $10K |
| UNIVERSAL HLTH NTWK EIN 23-2745115 PPO/UR VENDOR | Other fees; Direct payment from the plan Service code 50 | — | $8K |
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 | 477 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 484 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | RELIANCE STANDARD LIFE INS CO | 513 | $182K |
| Short-term disability | RELIANCE STANDARD LIFE INS CO | 512 | $94K |
| Long-term disability | RELIANCE STANDARD LIFE INS CO | 510 | $107K |
| Stop-loss / reinsurancereinsurance | RELIASTAR LIFE INSURANCE COMPANY | 434 | $1.3M |
| Other | RELIANCE STANDARD LIFE INS CO | 513 | $182K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 513 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.