| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FLEXIBLE BENEFITS PLANS INC3 | PO BOX 873 VALLEY FORGE, PA 19482 | INDEPENDENCE BLUE CROSS PPO | $69K | — | $69K | 4.62% |
| FLEXIBLE BENEFITS PLANS INC3 | PO BOX 873 VALLEY FORGE, PA 19482 | KEYSTONE HEALTH PLAN EAST | $2.2M | — | $2.2M | 473.41% |
| FLEXIBLE BENEFITS PLANS INC3 | PO BOX 873 VALLEY FORGE, PA 19482 | METROPOLITAN LIFE INSURANCE COMPANY | $14K | — | $14K | 4.83% |
| FLEXIBLE BENEFITS PLANS INC3 | PO BOX 873 VALLEY FORGE, PA 19482 | INDEPENDENCE BLUE CROSS | $1K | — | $1K | 4.75% |
| FLEXIBLE BENEFITS PLANS INC3 | PO BOX 873 VALLEY FORGE, PA 19482 | DAVIS VISION | $2K | — | $2K | 13.70% |
No Schedule C service providers reported on this filing.
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 | 135 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS PPO | 197 | $1.5M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 29 | $292K |
| Vision | DAVIS VISION | 196 | $14K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 29 | $292K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 29 | $292K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 29 | $292K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 17 | $28K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 29 | $292K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 197 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.