| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MORGAN & FRANZ INSURANCE AND FINANC Filed as: MORGAN & FRANZ INSURANCE | 10606 TRADEMARK PKWY N #201A RANCHO CUCAMONGA, CA 91730 | AETNA LIFE INSURANCE COMPANY AND AFFILIATES | $15K | — | $15K | 5.06% |
| BROWN AND BROWN OF FLORIDA, INC. Filed as: WORD & BROWN INS ADMIN INC | 721 S PARKER STE 300 ORANGE, CA 92868 | AETNA LIFE INSURANCE COMPANY AND AFFILIATES | $5K | — | $5K | 1.77% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| RAEL & LETSON EIN 94-1701048 NONE | Consulting (general) Service code 16 | — | $24K |
| WOHLNER KAPLON CUTLER HALFORD & ROS EIN 83-2856412 NONE | Legal Service code 29 | — | $12K |
| MORGAN & FRANZ ADMIN & CONSULTING EIN 33-0383993 NONE | Participant communication; Employee (plan); Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | — | $10K |
| HENNINGFIELD & ASSOCIATES, INC. EIN 54-2189926 NONE | Accounting (including auditing) Service code 10 | — | $9K |
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 | 25 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 27 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | AETNA LIFE INSURANCE COMPANY AND AFFILIATES | 28 | $298K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 33 | $950 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 33 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.