| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 4565 PAYSPHERE CIR CHICAGO, IL 60674 | METROPOLITAN LIFE INSURANCE COMPANY | $244K | $65K | $308K | 4.74% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS, LLC | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | RELIASTAR LIFE INSURANCE COMPANY | $181K | $0 | $181K | 6.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PORTERWRIGHT NONE | Legal; Direct payment from the plan Service code 29 | 2020 K STREET, NW SUITE 600 WASHINGTON, DC 20006 | $240K |
| WILLIS TOWERS WATSONUS LLC EIN 53-0181291 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $58K |
| KPMG NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 345 PARK AVENUE NEW YORK, NY 10154 | $57K |
| NORTHERN TRUST EIN 36-1561860 NONE | Soft dollars commissions; Investment management fees paid directly by plan; Direct payment from the plan; Trustee (bank, trust company, or similar financial institution); Investment advisory (plan); Custodial (securities) Service code 19 | — | $54K |
| CARON & BLETZER NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | PO BOX 668 1 LIBERTY LANE KINGSTON, NH 03848 | $9K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3,339 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,339 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 17,020 | $6.5M |
| Short-term disability(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 17,020 | $6.5M |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 17,020 | $6.5M |
| Stop-loss / reinsurancereinsurance | RELIASTAR LIFE INSURANCE COMPANY | 3,629 | $2.9M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 17,020 | $6.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 17,020 | — |
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.