| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RIS EMPLOYEE BENEFITS INC3 | 221 MAIN STREET 1462 LOS ALTOS, CA 94023 | SUN LIFE ASSURANCE COMPANY OF CANADA | $120K | $80K | $200K | 13.66% |
| UNITED BENEFIT ADVISORS LLC3 | 280 E 96TH ST INDIANAPOLIS, IN 46240 | SUN LIFE ASSURANCE COMPANY OF CANADA | $0 | $40K | $40K | 2.73% |
| RIS EMPLOYEE BENEFITS INC3 | 221 MAIN STREET UNIT 1462 LOS ALTOS, CA 94023 | SUN LIFE ASSURANCE COMPANY OF CANADA | $22K | — | $22K | 6.02% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS AND FIN SVCS | 1133 WINCHESTER AVE, STE S229 WHITE PLAINS, NY 10604 | SUN LIFE ASSURANCE COMPANY OF CANADA | $0 | $3K | $3K | 0.83% |
| RIS EMPLOYEE BENEFITS INC3 | 221 MAIN STREET UNIT 1462 LOS ALTOS, CA 94023 | PRINCIPAL FINANCIAL INSURANCE COMPANY | $18K | $1K | $19K | 7.96% |
| RIS EMPLOYEE BENEFITS INC3 | 221 MAIN STREET SUITE 1462 LOS ALTOS, CA 94023 | VISION SERVICE PLAN | $2K | — | $2K | 2.95% |
No Schedule C service providers reported on this filing.
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 | 492 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 494 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SUN LIFE ASSURANCE COMPANY OF CANADA | 441 | $1.5M |
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 906 | $360K |
| Vision | VISION SERVICE PLAN | 309 | $76K |
| Life insurance | PRINCIPAL FINANCIAL INSURANCE COMPANY | 618 | $243K |
| Short-term disability | PRINCIPAL FINANCIAL INSURANCE COMPANY | 618 | $243K |
| Long-term disability | PRINCIPAL FINANCIAL INSURANCE COMPANY | 618 | $243K |
| Other | PRINCIPAL FINANCIAL INSURANCE COMPANY | 618 | $243K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 906 | — |
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.