| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SENTINEL FINANCIAL SOLUTIONS | 90 PARK AVENUE 17TH FLOOR NEW YORK, NY 10016 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $14K | $2K | $15K | 4.91% |
| ZINN, ROBERT M | 13647 E GERONIMO ROAD SCOTTSDALE, AZ 85259 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 1.89% |
| PREFERRED BENEFITS GROUP Filed as: PREFERRED BENEFITS GROUP INC. | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | $103 | $1K | 0.47% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNUM LIFE INSURANCE COMPANY AMERICA EIN 01-0278678 LIFE AND AD&D CARRIER | Insurance services Service code 23 | 1 FOUNTAIN SQUARE CHATTANOGA, TN 37402 | $23K |
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 | 303 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 303 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 303 | $316K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 303 | $316K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 303 | — |
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.