| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HM LIFE INSURANCE COMPANY5 | 1501 S. CLINTO ST. 7TH FLOOR BALTIMORE, MD 21224 | CAREFIRST BC/BS | — | $205K | $205K | 66.88% |
| CYPRESS BENEFITS GROUP, INC.3 | 913 RIDGEBROOK ROAD SUITE 218 SPARKS, MD 21152 | CAREFIRST BC/BS | — | $64K | $64K | 20.84% |
| CFA LLC5 Filed as: CFA ADMINISTRATORS | 1501 S. CLINTON ST. 7TH FLOOR BALTIMORE, MD 21224 | CAREFIRST BC/BS | — | $49K | $49K | 15.87% |
| CYPRESS BENEFITS GROUP, INC.3 | 913 RIDGEBROOK ROAD SUITE 218 SPARKS, MD 21152 | ONEAMERICA/AUL | $13K | $7K | $19K | 29.06% |
| CYPRESS BENEFITS GROUP, INC.3 | 913 RIDGEBROOK ROAD SUITE 218 SPARKS, MD 21152 | AMERICAN UNITED LIFE/ONE AMERICA | $3K | $2K | $5K | 29.12% |
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 | 317 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 317 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CAREFIRST BC/BS | 213 | $307K |
| Life insurance | AMERICAN UNITED LIFE/ONE AMERICA | 317 | $16K |
| Short-term disability | ONEAMERICA/AUL | 317 | $66K |
| Prescription drug | CAREFIRST BC/BS | 213 | $307K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 317 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.