| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMPLOYEE BENEFIT ASSOCIATES, INC.3 Filed as: EMPLOYEE BENEFIT ASSOCIATES INC | PO BOX 910650 LEXINGTON, KY 40591 | STANDARD INSURANCE COMPANY | $14K | $901 | $15K | 15.98% |
| EMPLOYEE BENEFIT ASSOCIATES, INC.3 Filed as: EMPLOYEE BENEFIT ASSOCIATES INC | 1029 MONARCH STREET, SUITE 130 LEXINGTON, KY 40513 | HUMANA HEALTH PLAN, INC | $27K | $6K | $33K | 42.94% |
| EMPLOYEE BENEFIT ASSOCIATES, INC.3 Filed as: EMPLOYEE BENEFIT ASSOCIATES INC | 1029 MONARCH STREET, SUITE 130 LEXINGTON, KY 40513 | THE DENTAL CONCERN, INC. | $4K | $115 | $4K | 6.34% |
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 | 122 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 122 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA HEALTH PLAN, INC | 104 | $77K |
| Dental | THE DENTAL CONCERN, INC. | 104 | $65K |
| Vision | THE DENTAL CONCERN, INC. | 104 | $65K |
| Life insurance | STANDARD INSURANCE COMPANY | 129 | $93K |
| Short-term disability | STANDARD INSURANCE COMPANY | 129 | $93K |
| Long-term disability | STANDARD INSURANCE COMPANY | 129 | $93K |
| Prescription drug | HUMANA HEALTH PLAN, INC | 104 | $77K |
| Other | STANDARD INSURANCE COMPANY | 129 | $93K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 129 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.