| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS | 4565 PAYSHPERE CIR CHICAGO, IL 606740001 | METROPOLITAN LIFE INSURANCE COMPANY | — | $34 | $34 | 0.00% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS | 4565 PAYSPHERE CIRCLE CHICAGO, IL 606740001 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $32 | $7K | 0.80% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NORTHERN TRUST COMPANY EIN 36-1561860 NONE | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | — | $35K |
| TOWERS WATSON PENNSYLVANIA, INC EIN 23-1159360 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $24K |
| MERCER INVESTMENT CONSULTING EIN 61-0736136 NONE | Investment management; Investment management fees paid directly by plan; Investment management fees paid indirectly by plan; Direct payment from the plan Service code 28 | — | $13K |
| DELOITTE TAX LLP EIN 86-1065772 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $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 | 2,821 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,035 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 13 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 4,869 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $1.3M |
| Dental | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $1.2M |
| Vision(2 contracts, 2 carriers) | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $1.3M |
| Life insurance(3 contracts, 2 carriers) | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $3.3M |
| Long-term disability(2 contracts, 2 carriers) | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $2.1M |
| Prescription drug(2 contracts, 2 carriers) | TOWERS WATSON PENNSYLVANIA, INC. | 4,869 | $1.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,869 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.