| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVSIORS LLC3 | 10 N PARK DR #200 HUNT VALLEY, MD 21030 | BLUE CROSS BLUE SHIELD OF FL | $68K | — | $68K | 5.00% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 10 N PARK DR #200 HUNT VALLEY, MD 21030 | HEALTH OPTIONS, INC. | $11K | — | $11K | 5.00% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 10 N PARK DR #200 HUNT VALLEY, MD 21030 | GUARDIAN LIFE INSURANCE COMPANY | $12K | $1K | $13K | 11.38% |
| MULTIPLE BROKERS (SEE APPENDIX)3 | 1932 WYNNTON RD COLUMBUS, GA 31999 | AFLAC | $13K | $2K | $15K | 15.91% |
| NATIONAL AGENCY SOLUTIONS LLC3 | 7313 MERCHANT COURT SARASOTA, FL 34240 | AMERICAN PUBLIC LIFE INSURANCE COMPANY | $4K | — | $4K | 9.99% |
| AP BENEFIT ADVSIORS LLC3 | 10 N PARK DR #200 HUNT VALLEY, MD 21030 | AMERICAN PUBLIC LIFE INSURANCE COMPANY | $3K | — | $3K | 8.00% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 10 N PARK DR SUITE 200 HUNT VALLEY, MD 21030 | USABLE LIFE | $3K | — | $3K | — |
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 | 243 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 9 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 253 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF FL | 129 | $1.4M |
| Dental | GUARDIAN LIFE INSURANCE COMPANY | 154 | $114K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY | 154 | $114K |
| Life insurance | USABLE LIFE | 243 | $0 |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY | 154 | $114K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF FL | 129 | $1.6M |
| Other(3 contracts, 3 carriers) | AFLAC | 243 | $132K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 243 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.