| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABRAHAM YONASAN3 | 1 SPRINGBROOK DR JACKSON, NJ 08527 | SUNLIFE ASSURANCE CO OF CANADA | $143K | — | $143K | 6.37% |
| SPETNER ASSOCIATES INC3 | 8220 DELMAR BLVD STE 200 SAINT LOUIS, MO 631242174 | SUNLIFE ASSURANCE CO OF CANADA | $142K | — | $142K | 6.32% |
| SPETNER ASSOCIATES INC3 | 8220 DELMAR BLVD SAINT LOUIS, MO 631242174 | SUNLIFE ASSURANCE CO OF CANADA | $1K | $63K | $64K | 2.87% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502174 | SUNLIFE ASSURANCE CO OF CANADA | $58K | — | $58K | 2.59% |
| SPETNER ASSOCIATES INC3 | 8220 DELMAR BLVD STE 200 SAINT LOUIS, MO 631242174 | METROPOLITAN GENERAL INSURANCE COMPANY | $983 | $2 | $985 | 2.32% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FLEX FACTS EIN 27-2036736 ADMINISTRATOR | Contract Administrator Service code 13 | — | $50K |
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 | 3,498 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 3,498 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | SUNLIFE ASSURANCE CO OF CANADA | 1,605 | $2.2M |
| Vision | SUNLIFE ASSURANCE CO OF CANADA | 1,605 | $2.2M |
| Long-term disability | SUNLIFE ASSURANCE CO OF CANADA | 1,605 | $2.2M |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,674 | $1.6M |
| Other(2 contracts, 2 carriers) | SUNLIFE ASSURANCE CO OF CANADA | 1,605 | $2.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,674 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.