| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RXBENEFITS, INC.5 | 3700 COLONNADE PARKWAY, SUITE 600 BIRMINGHAM, AL 35243 | RXBENEFITS, INC. | — | $6K | $6K | 0.57% |
| ASSUREDPARTNERS3 Filed as: THE HDH GROUP, INC | 210 SIXTH AVENUE 30TH FLOOR PITTSBURGH, PA 15222 | THE GUARDIAN LIFE INSURANCE COMPANY | $186K | $23K | $209K | 25.28% |
| SBR SERVICES LLC3 | 2839 PACES FERRY ROAD SE, SUITE 830 ATLA, GA 30339 | SUN LIFE ASSURANCE | — | $41K | $41K | 5.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 CLAIMS ADMINISTRATOR | Claims processing Service code 12 | — | $217K |
| FLORES AND ASSOCIATES EIN 56-1542307 CLAIMS ADMINISTRATOR | Claims processing Service code 12 | — | $13K |
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 | 632 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 645 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY | 860 | $826K |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY | 860 | $826K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY | 860 | $826K |
| Prescription drug | RXBENEFITS, INC. | 639 | $1.0M |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE | 655 | $698K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY | 860 | $826K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 860 | — |
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.