| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURAMAX INC3 | 2200 GREEN WAY LOUISVILLE, KY 40220 | HUMANA HEALTH PLAN | $59K | — | $59K | 6.02% |
| INSURAMAX INC3 | 2200 GREEN WAY LOUISVILLE, KY 40220 | THE DENTAL CONCERN | $5K | — | $5K | 9.26% |
| INSURAMAX INC3 | 2200 GREEN WAY LOUISVILLE, KY 40220 | HUMANA INSURANCE | $8K | — | $8K | 32.02% |
| INSURAMAX INC3 Filed as: INSURAMAX-WADE POOLE | 2200 GREEN WAY LOUISVILLE, KY 40220 | HUMANA INSURANCE COMPANY OF KY | $3K | — | $3K | 13.38% |
| INSURAMAX INC3 | 2200 GREENE WAY LOUISVILLE, KY 40220 | COMPBENEFITS INSURANCE COMPANY | $478 | — | $478 | 3.36% |
| INSURAMAX INC3 | 2200 GREEN WAY LOUISVILLE, KY 40220 | KANAWHA INSURANCE COMPANY | $1K | — | $1K | 12.82% |
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 | 150 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 150 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA HEALTH PLAN | 120 | $974K |
| Dental | THE DENTAL CONCERN | 121 | $59K |
| Vision | COMPBENEFITS INSURANCE COMPANY | 122 | $14K |
| Life insurance(2 contracts, 2 carriers) | HUMANA INSURANCE | 130 | $46K |
| Short-term disability | KANAWHA INSURANCE COMPANY | 32 | $11K |
| Prescription drug | HUMANA HEALTH PLAN | 120 | $974K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 130 | — |
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.
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.