| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LIPSCOMB & PITTS INSURANCE LLC3 | 2670 UNION AVENUE EXTENDED SUITE 100 MEMPHIS, TN 381124416 | METROPOLITAN LIFE INSURANCE COMPANY | $13K | — | $13K | 8.98% |
| BENEFIT ADVISORS SERVICES GROUP LLC3 | 1120 SANCTUARY PARKWAY SUITE 375 ALPHARETTA, GA 300097630 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | $117 | $2K | 1.07% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB AND PITTS INSUR LLC | 2670 UNION AVE EXTENSION MEMPHIS, TN 38112 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $8K | $1K | $9K | 17.55% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB AND PITTS INSURANCE LLC | 2670 UNION AVE EXTENSION MEMPHIS, TN 38112 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $2K | $475 | $3K | 17.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX INC. EIN 33-0441200 PHARMACY BENEFIT MANAGEM | Claims processing; Direct payment from the plan; Float revenue; Other fees Service code 12 | — | $235K |
| UMR INC. EIN 39-1995276 CLAIMS PROCESSING | Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | PO BOX 1087 WAUSAU, WI 28712 | $186K |
| LIPSCOMB & PITTS INSURANCE LLC BROKER | Other commissions Service code 55 | 2670 UNION AVENUE EXTENDED SUITE 100 MEMPHIS, TN 38112 | $71K |
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 | 217 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 218 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 552 | $147K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 552 | $147K |
| Life insurance(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 552 | $198K |
| Long-term disability | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 114 | $16K |
| Stop-loss / reinsurancereinsurance | US FIRE INSURANCE | 219 | $345K |
| Other(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 552 | $198K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 552 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.