| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CENTRAL GROUP INSURANCE AGENCY Filed as: CENTRAL GROUP INSURANCE A | PO BOX 9023305 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH COMPANY | $21K | $8K | $29K | 17.76% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA INC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH COMPANY | $21K | — | $21K | 12.71% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA INC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | — | $10K | 15.00% |
| INSGROUP INC3 Filed as: CENTRAL GROUP INSURANCE GROUP A | PO BOX 9023305 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $3K | $3K | 5.00% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA INC | PO BOX 9023549 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 15.14% |
| CENTRAL GROUP INSURANCE AGENCY Filed as: CENTRAL GROUP INSURANCE A | PO BOX 9023305 SAN JUAN, PR 00902 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $784 | $784 | 5.57% |
| INTERNATIONAL REINSURANC MANAGER LL3 | 7205 CORPORATE CENTER DRIVE SUITE #410 MIAMI, FL 33126 | MCS LIFE INSURANCE COMPANY | — | $103K | $103K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MARSH SALDANA INC EIN 66-0607769 STOPLOSS | Other fees Service code 99 | PO BOX 9023549 SAN JUAN, PR 00902 | $103K |
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 | 647 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 647 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MCS LIFE INSURANCE COMPANY | 647 | $0 |
| Dental | MCS LIFE INSURANCE COMPANY | 647 | $0 |
| Vision | MCS LIFE INSURANCE COMPANY | 647 | $0 |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $66K |
| Other(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH COMPANY | 668 | $176K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 668 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.