| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KELLY & ASSOCIATES INSURANCE GROUP Filed as: KELLY ASSOCIATES INSURANCE | 1 KELLY WAY SPARKS, MD 21152 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $12K | $12K | 4.69% |
| RAK AGENCY INC. Filed as: RAK GROUP INC | 2943 B OLNEY SANDY SPRING RD OLNEY, MD 20832 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $10K | $943 | $11K | 4.15% |
| WEINBERG LLC | 321 RESERVE GATE TERR SILVER SPRING, MD 20905 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 1.10% |
| WEINBERG LLC | 321 RESERVE GATE TERR SILVER SPRING, MD 20905 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | $0 | $9K | 18.50% |
| WEINBERG LLC | 321 RESERVE GATE TERR SILVER SPRING, MD 20905 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 18.51% |
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 | 167 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 175 | 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 | 175 | $274K |
| Short-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 175 | $274K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 175 | $254K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $50K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 175 | — |
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."
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.