| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRANK SUTTON Filed as: FRANK L. SUTTON | PO BOX 398 NASHVILLE, GA 31639 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $12K | $0 | $12K | 6.14% |
| SECURITAS FINANCIAL SERVICES | PO BOX 398 NASHVILLE, GA 31639 | VISION SERVICE PLAN | $44K | $4K | $48K | 110.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUMINARE HEALTH BENEFITS EIN 35-1846036 N/A | Plan Administrator; Claims processing; Other services Service code 12 | — | $145K |
| CIGNA EIN 59-1031071 N/A | Other services; Claims processing Service code 12 | — | $63K |
| MULTIPLAN INC. EIN 13-3068979 N/A | Other services; Claims processing; Plan Administrator Service code 12 | — | $20K |
| XS INSURANCE EIN 58-1954521 N/A | Insurance agents and brokers; Consulting (general) Service code 16 | — | $13K |
| SECURITAS FINANCIAL SERVICES INC EIN 22-3953343 N/A | Consulting (general); Insurance agents and brokers Service code 16 | — | $0 |
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 | 327 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 327 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 207 | $44K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 327 | $191K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 327 | $191K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 327 | $191K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 327 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.