| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENCHMARK BENEFITS, INC.3 Filed as: BENCHMARK BENEFITS LLC | PO BOX 20167 ROANOKE, VA 24018 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $46K | — | $46K | 9.18% |
| BENCHMARK BENEFITS, INC.3 Filed as: BENCHMARK BENEFITS, LLC | PO BOX 20167 ROANOKE, VA 24018 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $25K | — | $25K | 6.43% |
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE SERVICES, INC. | 7701 AIRPORT CENTER DRIVE SUITE 2100 GREENSBORO, NC 274099047 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $17K | — | $17K | 10.00% |
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 | 1,261 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 6 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,267 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(2 contracts, 2 carriers) | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 2,659 | $208K |
| Life insurance | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,261 | $498K |
| Long-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,261 | $385K |
| Other(2 contracts, 2 carriers) | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,261 | $562K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,659 | — |
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.