| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SBR SERVICES LLC3 | — | ANTHEM LIFE INSURANCE | $73K | $103K | $176K | 12.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHCOMP ADMINISTRATORS EIN 77-0385729 CONTRACT ADMINISTRATOR | Contract Administrator; Direct payment from the plan Service code 13 | — | $291K |
| LP INSURANCE SERVICES EIN 27-3054238 BROKER | Direct payment from the plan; Insurance agents and brokers Service code 22 | — | $84K |
| UNIVERSAL HLTH NTWK EIN 23-2745115 PPO/UR VENDOR | Direct payment from the plan; Other fees Service code 50 | — | $15K |
| MULTIPLAN INC EIN 04-3138814 PPO VENDOR | Other fees; Direct payment from the plan Service code 50 | — | $12K |
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 | 606 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 609 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | RELIANCE STANDARD LIFE INS CO | 587 | $255K |
| Short-term disability | RELIANCE STANDARD LIFE INS CO | 589 | $173K |
| Long-term disability | RELIANCE STANDARD LIFE INS CO | 589 | $150K |
| Stop-loss / reinsurancereinsurance | ANTHEM LIFE INSURANCE | 548 | $1.5M |
| Other | RELIANCE STANDARD LIFE INS CO | 587 | $255K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 589 | — |
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.
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.