| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | GUARDIAN | $60K | — | $60K | 10.06% |
| PATRIOT GROWTH INSURANCE SERVICES3 | P. O. BOX 240518 MONTGOMERY, AL 36124 | GUARDIAN | $8K | — | $8K | 1.37% |
| TRUE NETWORK ADVISORS | 383 GUNTER AVENUE GUNTERSVILLE, AL 35976 | GUARDIAN | $615 | — | $615 | 0.10% |
| DOUG PRIESTER3 | 420 FRANK DAVIS ROAD WAYNESVILLE, NC 28785 | LIFE INSURANCE COMPANY OF ALABAMA | $909 | — | $909 | 6.66% |
| PERRY L. MCCAIN3 | 71 NEW BINGHAM DRIVE WETUMPKA, AL 36093 | LIFE INSURANCE COMPANY OF ALABAMA | $510 | — | $510 | 3.74% |
| BLTC FUNDING LLC3 | 6201 PRESIDENTIAL COURT FORT MEYERS, FL 33919 | LIFE INSURANCE COMPANY OF ALABAMA | $101 | — | $101 | 0.74% |
| CLONGGROUP3 | 5771 CARMICHAEL PARKWAY MONTGOMERY, AL 36117 | LIFE INSURANCE COMPANY OF ALABAMA | $85 | — | $85 | 0.62% |
| W MARK HAYES3 | 117 MERRIBROOK LANE WELLINGTON, AL 36279 | LIFE INSURANCE COMPANY OF ALABAMA | $42 | — | $42 | 0.31% |
| LICOA BROKERAGE SERVICE INC3 | P. O. BOX 349 GADSDEN, AL 35902 | LIFE INSURANCE COMPANY OF ALABAMA | $32 | — | $32 | 0.23% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF ALABA EIN 63-0103830 ADMINISTER SELF INSURED | Claims processing Service code 12 | 450 RIVERCHASE PKWY EAST BIRMINGHAM, AL 35298 | $284K |
| BEHAVIORAL HEALTH SYSTEMS EIN 63-1007625 ADMINISTER SELF INSURED | Claims processing Service code 12 | TWO METROPLEX DR. STE 500 BIRMINGHAM, AL 35209 | $35K |
| ALLIANCE INSURANCE GROUP, LLC EIN 59-3766006 ADMINISTER FLEXIBLE SPEND | Plan Administrator Service code 14 | P. O. BOX 240518 MONTGOMERY, AL 361240518 | $11K |
| RX BENEFITS, INC. EIN 63-1157085 PHARMACY BENEFIT MANAGEME | Claims processing Service code 12 | 3700 COLONNADE PW STE 600 BIRMINGHAM, AL 35243 | $5K |
| RXBENEFITS, INC. EIN 63-1157085 COBRA BENEFIT MANAGEMENT | Claims processing Service code 12 | 3700 COLONNADE PW STE 600 BIRMINGHAM, AL 35243 | $2K |
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 | 353 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 353 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | LIFE INSURANCE COMPANY OF ALABAMA | 18 | $14K |
| Dental | GUARDIAN | 353 | $594K |
| Vision | GUARDIAN | 353 | $594K |
| Life insurance | GUARDIAN | 353 | $594K |
| Long-term disability | GUARDIAN | 353 | $594K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 145 | $73K |
| Other | GUARDIAN | 353 | $594K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 353 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.