| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| POPULAR RISK SERVICES, LLC3 Filed as: POPULAR RISK SERVICES LLC | PO BOX 71390 SAN JUAN, PR 009368390 | TRIPLE-S VIDA, INC. | $61K | — | $61K | 12.00% |
| CGF INSURANCE LLC3 | 22 CALLE GONZALEZ GIUSTI SUITE 200 GUAYNABO, PR 00968 | TRIPLE S SALUD, INC | $82K | — | $82K | 46.45% |
| CGF INSURANCE LLC3 | 22 CALLE GONZALEZ GIUSTI SUITE 200 GUAYNABO, PR 00968 | TRIPLE S SALUD, INC | $801 | — | $801 | 56.61% |
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 | 1,648 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 90 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,738 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | TRIPLE S SALUD, INC | 1,577 | $178K |
| Dental(2 contracts) | TRIPLE S SALUD, INC | 1,577 | $178K |
| Vision | EYEMED VISION CARE / FIDELITY SECURITY LIFE INSURANCE COMPANY | 2,068 | $66K |
| Life insurance | TRIPLE-S VIDA, INC. | 1,535 | $509K |
| Prescription drug(2 contracts) | TRIPLE S SALUD, INC | 1,577 | $178K |
| Stop-loss / reinsurancereinsurance(2 contracts) | TRIPLE S SALUD, INC | 1,577 | $178K |
| Other(2 contracts) | TRIPLE S SALUD, INC | 1,577 | $178K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,068 | — |
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.