| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVENUE SOUTH 5TH FL ST PETERSBURG, FL 33701 | SUN LIFE ASSURANCE COMPANY OF CANADA | $24K | — | $24K | 12.24% |
| WALLACE WELCH & WILLINGHAM INC3 | PO BOX 33020 ST. PETERSBURG, FL 337338020 | AMERITAS LIFE INSURANCE CORP. | $9K | — | $9K | 10.00% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 FIRST AVENUE SOUTH 5TH FLOOR ST PETERSBURG, FL 33701 | ADVANTICA INSURANCE COMPANY | $2K | — | $2K | 13.72% |
| WALLACE WELCH & WILLINGHAM INC3 | — | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $420 | — | $420 | 12.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WALLACE, WELCH, & WILLINGHAM INS. AGENT OR BROKER | Insurance agents and brokers Service code 22 | 300 FIRST AVENUE SOUTH 5TH FLOOR SAINT PETERSBURG, FL 33701 | $114K |
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 CLAIMS PROCESSING | Claims processing; Insurance services Service code 12 | — | $96K |
| CIGNA | Named fiduciary; Contract Administrator; Non-monetary compensation; Claims processing; Participant communication; Float revenue; Direct payment from the plan; Other services Service code 12 | — | $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 | 297 | 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) | 297 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AMERITAS LIFE INSURANCE CORP. | 576 | $88K |
| Vision(2 contracts, 2 carriers) | ADVANTICA INSURANCE COMPANY | 345 | $15K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 297 | $195K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 297 | $195K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 297 | $195K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 326 | $557K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 297 | $195K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 576 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.