| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RAK AGENCY INC. Filed as: RAK GROUP INC | 2943-B OLNEY SANDY SPRING RD OLNEY, MD 20832 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $12K | $2K | $14K | 7.17% |
| KELLY & ASSOCIATES INSURANCE GROUP Filed as: KELLY & ASSOCIATES INSURANCE | 1 KELLY WAY SPARKS, MD 21152 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $10K | $10K | 5.41% |
| RAK AGENCY INC. Filed as: RAK GROUP INC | 2943-B OLNEY SANDY SPRING RD OLNEY, MD 20832 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | $343 | $9K | 16.37% |
| WEINBERG LLC | 321 RESERVE GATE TERR SILVER SPRING, MD 20905 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 3.12% |
| RAK AGENCY INC. Filed as: RAK GROUP INC | 2943 OLNEY SANDY SPRING RD UNIT B OLNEY, MD 20832 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 18.32% |
| FINANCIAL BALANCE GROUP LLC | 1901 RESEARCH BLVD. SUITE 400 ROCKVILLE, MD 20850 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $79 | — | $79 | 0.70% |
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 | 152 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Beneficiaries receiving benefits | 2 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 160 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 160 | $203K |
| Short-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 160 | $203K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 160 | $192K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 158 | $58K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 160 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.