| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIAM F. POLLAK3 | 13821 NEWPORT AVE STE 170 TUSTIN, CA 92780 | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | $1K | $1K | $2K | 4.37% |
| MULROY INSURANCE AGENCY LLC3 | 1500 QUAIL ST STE600 NEWPORT BEACH, CA 92660 | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | $271 | $24 | $295 | 0.62% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: NEW ENGLAND FINANCIAL | 1095 AVENUE OF THE AMERICAS NEW YORK, NY 10036 | NEW ENGLAND LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| LUCIA FINANCIAL GROUP3 | 13520 EVENING CREEK DR E STE 300 SAN DIEGO, CA 92128 | PENN MUTUAL LIFE INSURANCE | $31 | $0 | $31 | 1.19% |
| RILEY J. KELLY3 | 4550 KEARNY VILLA ROAD STE 103 SAN DIEGO, CA 921231558 | PACIFIC MUTUAL LIFE INSURANCE COMPANY | $973 | $0 | $973 | 49.02% |
| STEVEN EDWARD EGAN3 | 500 W MADISON ST SUITE 4000 CHICAGO, IL 606614544 | VOYA INSURANCE AND ANNUITY COMPANY | $0 | $40 | $40 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGER | Investment advisory (participants); Investment management fees paid directly by plan Service code 26 | 2423 E. LINCOLN DRIVE PHOENIX, AZ 85016 | $72K |
| TD AMERITRADE INVESTMENT MANAGER | Investment advisory (participants); Investment management fees paid directly by plan Service code 26 | P. O. BOX 2226 OMAHA, NE 681032226 | $34K |
| CA WEALTH INDEPENDENT FINANCIAL INVESTMENT MANAGER | Investment advisory (participants); Investment management fees paid directly by plan Service code 26 | 2648 E STREET SAN DEIGEO, CA 92102 | $32K |
| MG TRUST COMPANY DBA MATRIX TRUST C EIN 75-3182674 TRUSTEE/RECORDKEEPER | Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant communication; Copying and duplicating; Sub-transfer agency fees; Recordkeeping fees; Float revenue; Custodial (securities); Trustee (directed); Consulting (general); Participant loan processing; Account maintenance fees; Direct payment from the plan Service code 15 | — | $21K |
| UBS FINANCIAL INVESTMENT MANAGER | Investment advisory (participants); Investment management fees paid directly by plan Service code 26 | 12220 EL CAMINO REAL, STE 400 SAN DIEGO, CA 92130 | $16K |
| RICE, HALL, JAMES & ASSOCIATES INVESTMENT MANAGER | Investment management fees paid directly by plan; Investment advisory (participants) Service code 26 | 600 WEST BROADWAY, STE. 1000 SAN DIEGO, CA 92101 | $8K |
| MATRIX TRUST COMPANY | Float revenue; Soft dollars commissions Service code 62 | — | $0 |
| TD AMERITRADE, INC. | Sub-transfer agency fees; Shareholder servicing fees; Distribution (12b-1) fees; Soft dollars commissions Service code 59 | — | $0 |
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 | 242 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 66 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 308 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(6 contracts, 5 carriers) | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | 1 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1 | — |
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.