| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INTERREMEDY INSURANCE SERVICES3 | 2268 WESTBOROUGH BLVD STE 302-328 SOUTH SAN FRANCISCO, CA 94080 | COMPANION LIFE INSURANCE COMPANY | $77K | — | $77K | 7.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WELFARE & PENSION ADMIN SERVICES EIN 91-1363171 NONE | Plan Administrator; Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Participant communication; Accounting (including auditing) Service code 10 | — | $232K |
| AETNA EIN 06-6033492 NONE | Accounting (including auditing); Direct payment from the plan; Insurance services; Claims processing; Product termination fees (surrender charges, etc.) Service code 10 | — | $204K |
| WASHINGTON CAPITAL MANAGEMENT, INC. EIN 91-1042342 NONE | Investment management fees paid directly by plan; Direct payment from the plan Service code 50 | — | $67K |
| PROPEL INSURANCE EIN 91-0830024 NONE | Insurance agents and brokers; Consulting (general); Direct payment from the plan Service code 16 | — | $49K |
| ZELIS CLAIMS INTEGRITY, LLC EIN 86-1040704 NONE | Direct payment from the plan; Other services Service code 49 | — | $31K |
| ALAFFIA TECHNOLOGY SOLUTIONS INC. NONE | Direct payment from the plan; Claims processing Service code 12 | 169 MADISON AVE #2049 NEW YORK, NY 10016 | $26K |
| BARLOW COUGHRAN, P.S. EIN 91-0889948 NONE | Legal; Direct payment from the plan Service code 29 | — | $23K |
| PLATFORM CPAS, LLP EIN 88-4342576 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $17K |
| US BANK EIN 41-6271370 NONE | Custodial (securities); Direct payment from the plan Service code 19 | — | $16K |
| CAREMARK, LLC EIN 95-3382344 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $13K |
| HEALTH CARE COST MANAGEMENT CORP NONE | Direct payment from the plan; Claims processing Service code 12 | 3000 A ST STE 300 ANKORAGE, AK 99503 | $10K |
| CHANGE HEALTHCARE EIN 85-1413799 NONE | Direct payment from the plan; Other services Service code 49 | — | $10K |
| HEALTHCARE ACTUARIES LLC EIN 20-5718833 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $8K |
| VSP EIN 23-7089668 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $7K |
| TURNER, STOEVE & GAGLIARDI, P.S. EIN 91-1282506 NONE | Legal; Direct payment from the plan Service code 29 | — | $6K |
| BANK OF AMERICA EIN 56-0906609 NONE | Custodial (securities) Service code 19 | — | $6K |
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 | 522 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 68 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 590 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA INSURANCE COMPANY | 89 | $289K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 479 | $17K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 479 | $17K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE INSURANCE COMPANY | 486 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 486 | — |
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.