| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAMES M. MCKENNA3 Filed as: JAMES M MCKENNA | 455 E 57TH ST APT 5 B NEW YORK, NY 10022 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $11K | — | $11K | 19.29% |
| BENEFIT PLANNERS INC3 | 500 E COMMERCE ST GREENVILLE, AL 36037 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | -$7 | — | -$7 | -0.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PLUMBERS AND STEAMFITTERS LOCAL 52 PLAN SPONSOR | Plan Administrator Service code 14 | P.O. BOX 211105 MONTGOMERY, AL 361211105 | $19K |
| CLEARVIEW GROUP | Investment advisory (plan) Service code 27 | 200 GLENNRIDGE POINT PARKWAY ATLANTA, GA 30342 | $9K |
| KIM WALKER LAWYER | Legal Service code 29 | 14438 SCENIC HWY 98 FAIRHOPE, AL 36532 | $7K |
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 | 382 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 382 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 306 | $3.7M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 382 | $56K |
| Vision(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 382 | $91K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 382 | $56K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 306 | $3.7M |
| Other(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 382 | $3.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 382 | — |
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 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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.