| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUMPHREY STUMP & HAYNIE INS AGENCY3 Filed as: HUMPHREY STUMP HAYNIE INS AGENCY | 100 E MAIN ST SALEM, VA 24153 | UNITED STATES FIRE INSURANCE COMPANY | $12K | — | $12K | 0.68% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT PLAN ADMINISTRATORS INC EIN 54-1419753 | Claims processing Service code 12 | — | $63K |
| HUMPHREY STUMP HAYNIE INS | Insurance agents and brokers Service code 22 | 100 E MAIN ST SALEM, VA 24153 | $51K |
| CIGNA HEALTH AND LIFE INS CO EIN 59-1031071 | Contract Administrator Service code 13 | — | $36K |
| HEALTHIEST YOU | Contract Administrator Service code 13 | 5350 E HIGH ST SUITE 350 PHOENIX, AZ 85054 | $11K |
| THE PHIA GROUP LLC | Contract Administrator Service code 13 | 163 BAY STATE DR BRAINTREE, MA 02184 | $9K |
| INETICO LLC | Contract Administrator Service code 13 | 4913 W LAUREL ST STE A TAMPA, FL 33607 | $6K |
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 | 208 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 208 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED STATES FIRE INSURANCE COMPANY | 434 | $1.7M |
| Prescription drug | UNITED STATES FIRE INSURANCE COMPANY | 434 | $1.7M |
| Stop-loss / reinsurancereinsurance | UNITED STATES FIRE INSURANCE COMPANY | 434 | $1.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 434 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.