| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SILBERSTEIN INSURANCE GROUP3 Filed as: SILBERSTEIN INSURANCE GRP LLC | 2850 QUARRY LAKE DRIVE SUITE 303 BALTIMORE, MD 21209 | GROUP HOSPITALIZATION MEDICAL SERVICES, INC. | — | $96K | $96K | 4.99% |
| KELLY & ASSOCIATES INSURANCE GROUP5 Filed as: KELLY & ASSOC INSURANCE GROUP INC | 1 KELLY WAY SPARKS, MD 21152 | GROUP HOSPITALIZATION MEDICAL SERVICES, INC. | — | $20K | $20K | 1.02% |
| KELLY & ASSOCIATES INSURANCE GROUP5 Filed as: KELLY & ASSOC INSURANCE GROUP INC | 1 KELLY WAY SPARKS, MD 211529484 | METROPOLITAN LIFE INSURANCE COMPANY | $39K | $16K | $55K | 18.87% |
| SILBERSTEIN INSURANCE GROUP3 Filed as: SILBERSTEN INSURANCE GROUP | 2850 QUARRY LAKE DRIVE SUITE 303 BALTIMORE, MD 212093748 | METROPOLITAN LIFE INSURANCE COMPANY | — | $146 | $146 | 0.05% |
No Schedule C service providers reported on this filing.
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 | 267 | 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. |
| Total participants (= "Plan participants" tile) | 267 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | GROUP HOSPITALIZATION MEDICAL SERVICES, INC. | 440 | $1.9M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 267 | $291K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 267 | $291K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 267 | $291K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 267 | $291K |
| Prescription drug | GROUP HOSPITALIZATION MEDICAL SERVICES, INC. | 440 | $1.9M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 267 | $291K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 440 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.