| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. INC. | — | UNITED OF OMAHA LIFE INSURANCE COMPANY | $192K | $90K | $282K | 22.05% |
| EMERSON REID LLC3 | — | UNUM LIFE INSURANCE COMPANY OF AMERICA | $69K | — | $69K | 6.00% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PACIFIC RESOURCES BENEFITS ADV | STE 330 12647 ALCOSTA BLVD SAN RAMON, CA 94583 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $46K | — | $46K | 4.00% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. INC. | — | UNITED OF OMAHA LIFE INSURANCE COMPANY | $46K | $49K | $95K | 20.59% |
| EMERSON REID LLC3 | 350 5TH AVE STE 3700 NEW YORK, NY 10118 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $29K | $24K | $53K | 27.79% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. INC. | — | UNITED OF OMAHA LIFE INSURANCE COMPANY | $9K | $12K | $21K | 22.32% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTH SERVICES & BENEFIT ADMIN. EIN 94-3089465 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $291K |
| LINDQUIST LLP EIN 52-2385296 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $28K |
| WELLS FARGO BANK NONE | Custodial (other than securities); Direct payment from the plan Service code 18 | P.O. BOX 40028 ROANOKE, VA 24022 | $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 | 3,523 | 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) | 3,523 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 3,166 | $191K |
| Life insurance(2 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 5,068 | $1.4M |
| Short-term disability(2 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 3,059 | $555K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 5,068 | $1.3M |
| Other(3 contracts, 2 carriers) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 5,068 | $2.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 5,068 | — |
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.