| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RAEL & LETSON3 | 999 3RD AVE STE 1530 SEATTTLE, WA 981044060 | PRINCIPAL LIFE INSURANCE CO. | $1K | $128 | $1K | 9.34% |
| RAEL & LETSON3 | 999 3RD AVE STE 1530 SEATTLE, WA 981044060 | PRINCIPAL LIFE INSURANCE CO. | $753 | $84 | $837 | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NORTHWEST ADMINISTRATORS EIN 91-0680697 NONE | Contract Administrator; Investment management fees paid directly by plan; Accounting (including auditing); Direct payment from the plan; Investment management Service code 10 | — | $11.4M |
| PREMERA BLUE CROSS EIN 91-0499247 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $4.8M |
| DELTA DENTAL OF WASHINGTON EIN 91-0621480 NONE | Insurance services; Direct payment from the plan; Claims processing Service code 12 | — | $995K |
| MEDIMPACT HEALTHCARE SYSTEMS EIN 33-0567651 NONE | Claims processing; Direct payment from the plan; Other services Service code 12 | — | $973K |
| KAISER FOUNDATION HEALTH PLAN OF WA EIN 91-1467158 NONE | Claims processing; Direct payment from the plan; Plan Administrator Service code 12 | — | $841K |
| RAEL & LETSON EIN 94-1701048 NONE | Insurance brokerage commissions and fees; Actuarial; Direct payment from the plan; Consulting (general) Service code 11 | — | $214K |
| REID, MCCARTHEY, BALLEW, & LEAHY EIN 91-0749971 NONE | Legal; Direct payment from the plan Service code 29 | — | $114K |
| ADVANTRIA EIN 26-0320808 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $109K |
| SERVICE PRINTING CO. EIN 91-0830372 NONE | Direct payment from the plan; Copying and duplicating Service code 36 | — | $92K |
| WASHINGTON HEALTH ALLIANCE EIN 47-0948895 NONE | Direct payment from the plan; Other fees Service code 50 | — | $76K |
| MEDICAL REVIEW INSTITUTE OF AMERICA EIN 87-0515201 NONE | Other services; Direct payment from the plan Service code 49 | — | $72K |
| AUKEMA & ASSOCIATES EIN 20-2023367 NONE | Direct payment from the plan; Participant communication Service code 38 | — | $59K |
| WELLS FARGO BANK, N.A. EIN 94-1347393 NONE | Other services; Direct payment from the plan Service code 49 | — | $51K |
| SEYFARTH & SHAW LLP EIN 36-2152202 NONE | Legal; Direct payment from the plan Service code 29 | — | $50K |
| MILLER KAPLAN ARASE LLP EIN 95-2036255 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $49K |
| K & H PRINTERS LITHOGRAPHERS EIN 91-0531929 NONE | Copying and duplicating; Other services; Direct payment from the plan Service code 36 | — | $49K |
| WILMINGTON TRUST, NA EIN 16-1486454 NONE | Direct payment from the plan; Soft dollars commissions; Trustee (bank, trust company, or similar financial institution); Custodial (securities); Float revenue Service code 19 | — | $33K |
| ALAN D. BILLER & ASSOCIATES EIN 94-2854958 NONE | Investment advisory (plan); Direct payment from the plan Service code 27 | — | $28K |
| KAY SMITH ENTERPRISES EIN 93-0523003 NONE | Direct payment from the plan; Copying and duplicating Service code 36 | — | $24K |
| CAPITOL CITY PRESS EIN 91-1068832 NONE | Other services; Direct payment from the plan; Copying and duplicating Service code 36 | — | $16K |
| STATE STREET BANK EIN 04-1867445 NONE | Other fees; Float revenue; Direct payment from the plan; Trustee (directed); Custodial (securities) Service code 19 | — | $7K |
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 | 19,688 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 19,688 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(4 contracts) | PRINCIPAL LIFE INSURANCE CO. | 34,280 | $1.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 34,280 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.