| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HILB GROUP OF NEW ENGLAND4 Filed as: THE HILB GROUP OF NEW ENGLAND LLC | 30 BRAINTREE HILL OFFICE PARK SUITE 203 BRAINTREE, MA 02184 | HCC LIFE INSURANCE | $48K | $21K | $70K | 7.78% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUECROSS BLUESHIELD OF GA EIN 58-1638390 NONE | Non-monetary compensation; Named fiduciary; Participant communication; Float revenue; Direct payment from the plan; Contract Administrator; Other services; Claims processing Service code 12 | 3350 PEACHTREE ROAD, N.E. ATLANTA, GA 30326 | $1.0M |
| SOUTHERN BENEFIT ADMINISTRATORS EIN 62-1116095 NONE | Consulting (general); Plan Administrator; Actuarial Service code 11 | P.O. BOX 1449 GOODLETTSVILLE, TN 370701449 | $836K |
| SWIFTMD NONE | Claims processing; Other services Service code 12 | 801 SPRINGDALE DRIVE 484-875-3085 EXTON, PA 19341 | $126K |
| MORGAN STANLEY EIN 26-4310632 NONE | Investment management; Custodial (securities); Investment advisory (plan); Securities brokerage; Other services; Direct payment from the plan; Other investment fees and expenses; Securities brokerage commissions and fees Service code 19 | ONE TENTH ST, STE 600 AUGUSTA, GA 30901 | $118K |
| STRANCH, JENNINGS & GARVEY PLLC EIN 62-0513048 NONE | Legal Service code 29 | 223 ROSA L. PARKS AVE 200 NASHVILE, TN 37203 | $57K |
| DANIELS IRWIN & AYLOR EIN 62-1802605 NONE | Accounting (including auditing) Service code 10 | 223 MADISON ST. STE 112 MADISON, TN 37115 | $23K |
| NEWTEK TECHNOLOGY SOLUTIONS NONE | Other services Service code 49 | 2500 W. UNION HILLS DRIVE PHOENIX, AZ 85027 | $18K |
| HARPER & PEARSON COMPANY NONE | Accounting (including auditing) Service code 10 | ONE RIVERWAY DR STE 1900 713-622-2310 HOUSTON, TX 77056 | $8K |
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 | 3,209 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 277 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 3,486 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Prescription drug | LABOR FIRST, LLC | 277 | $847K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE | 3,486 | $896K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,486 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.