| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WEB TPA5 Filed as: WEB TPA EMPLOYER SERVICES LLC | 8500 FREEPORT PKWY S, SUITE 400 IRVING, TX 75063 | TRANSAMERICA LIFE INSURANCE COMPANY | — | $5K | $5K | 27.54% |
| BENEFIT ADMINISTRATION COMPANY LLC3 | PO BOX 550 SEATTLE, WA 98111 | TRANSAMERICA LIFE INSURANCE COMPANY | $3K | — | $3K | 16.28% |
| AMWINS3 Filed as: AMWINS GROUP BENEFITS | 8505 FREEPORT PKWY S, SUITE 500 IRVING, TX 75063 | TRANSAMERICA LIFE INSURANCE COMPANY | — | $2K | $2K | 9.33% |
| TURNKEY BENEFIT INSURANCE SERVICES3 | 2739 US HWY 19 NORTH HOLIDAY, FL 34691 | TRANSAMERICA LIFE INSURANCE COMPANY | $2K | — | $2K | 8.39% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT ADMINISTRATION COMPANY EIN 91-1999591 NONE | Contract Administrator Service code 13 | P.O. BOX 550 SEATTLE, WA 98111 | $16K |
| STAFFING BENEFITS MANAGEMENT, INC. EIN 81-1242192 NONE | Plan Administrator Service code 14 | — | $0 |
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 | 89 | 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) | 89 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TRANSAMERICA LIFE INSURANCE COMPANY | 68 | $18K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 68 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.