| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAS D COLLIER & CO DBA COLLIER INS3 | 606 S MENDENHALL SUITE 200 MEMPHIS, TN 38117 | GUARDIAN | $23K | $5K | $28K | 19.24% |
| ASHFORD MID SOUTH LLC3 | 6363 POPLAR AVE SUITE 220 MEMPHIS, TN 38119 | GUARDIAN | $759 | — | $759 | 0.52% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR, INC. EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $136K |
| COLLIER INSURANCE EIN 62-0632599 BROKER | Other commissions Service code 55 | 606 S MENDENHALL ROAD SUITE 200 MEMPHIS, TN 38117 | $35K |
| EMPLOYEE BENEFITS CORPORATION EIN 39-2044064 CLAIMS PROCESSING | Claims processing; Contract Administrator Service code 12 | — | $3K |
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 | 140 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 6 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 148 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 145 | $145K |
| Vision | GUARDIAN | 145 | $145K |
| Life insurance | GUARDIAN | 145 | $145K |
| Short-term disability | GUARDIAN | 145 | $145K |
| Long-term disability | GUARDIAN | 145 | $145K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE | 146 | $394K |
| Other | GUARDIAN | 145 | $145K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 146 | — |
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.