| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFITS WEST INC3 | 19707 44TH AVE WEST 201 LYNNWOOD, WA 98036 | HM LIFE INSURANCE COMPANY | $8.3M | $0 | $8.3M | 1500.00% |
| BENEFITS WEST INC3 | 19707 44TH AVE WEST 201 LYNNWOOD, WA 98036 | HARTFORD LIFE AND ACCIDENT | $19K | $0 | $19K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHCARE MANAGEMENT ADMINISTRATOR EIN 91-1333840 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | 220 120TH AVE NE BELLEVUE, WA 98005 | $281K |
| BENEFITS WEST INC EIN 91-2152589 BROKER | Insurance agents and brokers Service code 22 | 19707 44TH AVE WEST 201 LYNNWOOD, WA 98036 | $54K |
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 | 596 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 596 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | HARTFORD LIFE AND ACCIDENT | 587 | $193K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 587 | $193K |
| Stop-loss / reinsurancereinsurance | HM LIFE INSURANCE COMPANY | 581 | $550K |
| Other | HARTFORD LIFE AND ACCIDENT | 587 | $193K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 587 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.