| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FLEXIBLE BENEFIT PLANS, INC.3 Filed as: FLEXIBLE BENEFIT PLANS INC | VALLEY FORGE COMMONS VALLEY FORGE, PA 19482 | INDEPENDENCE BLUE CROSS | $79K | $4K | $83K | 4.33% |
| FLEXIBLE BENEFIT PLANS, INC.3 Filed as: FLEXIBLE BENEFIT PLANS INC | VALLEY FORGE COMMONS VALLEY FORGE, PA 19482 | UNITED CONCORDIA INSURANCE COMPANY | $20K | — | $20K | 14.02% |
| HP PLANNING LLC3 | 535 CONNECTICUT AVE STE 502 NORWALK, CT 06854 | SUN LIFE ASSURANCE COMPANY OF CANADA | $8K | — | $8K | 10.89% |
| EMERSON REID LLC3 | 261 MADISON AVE STE 602 NEW YORK, NY 10016 | EXCESS RE | — | $38K | $38K | 65.12% |
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 | 120 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 120 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 247 | $1.9M |
| Dental | UNITED CONCORDIA INSURANCE COMPANY | 276 | $140K |
| Vision | INDEPENDENCE BLUE CROSS | 247 | $1.9M |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 106 | $70K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 106 | $70K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 106 | $70K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 247 | $1.9M |
| Stop-loss / reinsurancereinsurance | EXCESS RE | 91 | $59K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 106 | $70K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 276 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.