Form 5500 · Employee benefit plan · GUAYNABO
WORLDNET TELECOMMUNICATIONS, LLC
The filing calls this plan WORLDNET TELECOMMUNICATIONS, LLC WELFARE BENEFITS PLAN.
WORLDNET TELECOMMUNICATIONS, LLC of GUAYNABO, PR files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is FULCRO INSURANCE INC. Coverage is written through MCS LIFE INSURANCE COMPANY and 1 other carrier. The plan's most recent policy period ended in April.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 66-0530841 · plan 501 · plan year 2025, filed Jul 28, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: other welfare.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 3 insured contracts covering health, dental, life and disability; the largest, with MCS LIFE INSURANCE COMPANY, covers 146 people.
Reported premium across the insured contracts is $798,389, with $45,677 in disclosed broker commissions — about 5.7% of premium.
The most recent policy period ended in April, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
FULCRO INSURANCE INC is the broker of record on all 3 contracts.
Two carriers split the book: MCS LIFE INSURANCE COMPANY and UNIVERSAL LIFE INSURANCE COMPANY.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| MCS LIFE INSURANCE COMPANY | Health, Dental, Life | 146 | May 1, 2025 | $737,132 | $36,488 |
| UNIVERSAL LIFE INSURANCE COMPANY | Life | 178 | May 1, 2025 | $38,013 | $5,702 |
| UNIVERSAL LIFE INSURANCE COMPANY | Disability | 178 | May 1, 2025 | $23,244 | $3,487 |
Premium and claims on this contract
MCS LIFE INSURANCE COMPANY, contract 79-790308. For the contract year on this filing, the carrier reported $737,132 in premium earned and $827,605 in claims incurred. Dividing one by the other gives 112%.
- MCS LIFE INSURANCE COMPANY, contract 79-790308 reported $110,570 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
How this plan compares
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