| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HEALTH COST SOLUTIONS, INC.3 Filed as: HEALTH COST SOLUTIONS, LLC | PO BOX 1439 HENDERSONVILLE, TN 37077 | PHOENIX EXCESS RISK UNDERWRITERS/GERBER LIFE | $25K | — | $25K | 8.11% |
| ORMA R SMITH III3 | 3725 CHAMPION HILLS, STE 3300 MEMPHIS, TN 38125 | UNUM LIFE INSURANCE CO OF AMERICA | $22K | $209 | $23K | 15.14% |
| ORMA R SMITH III3 | 3725 CHAMPION HILLS, STE 3300 MEMPHIS, TN 38125 | UNION SECURITY INSURANCE COMPANY | $12K | — | $12K | 10.03% |
| STREAMLINE ENTERPRISES LLC3 Filed as: STREAMLINE ENT LLC DBA CANOPYNATION | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $17K | — | $17K | 14.15% |
| ORMA R SMITH III | 3725 CHAMPION HILLS, STE 3300 MEMPHIS, TN 38125 | SUN LIFE ASSURANCE CO OF CANADA | $11K | — | $11K | 12.22% |
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 | 411 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 416 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 370 | $119K |
| Dental(2 contracts, 2 carriers) | UNION SECURITY INSURANCE COMPANY | 257 | $210K |
| Vision(2 contracts, 2 carriers) | UNION SECURITY INSURANCE COMPANY | 257 | $210K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE CO OF AMERICA | 421 | $240K |
| Short-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE CO OF AMERICA | 421 | $240K |
| Long-term disability | UNUM LIFE INSURANCE CO OF AMERICA | 421 | $149K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK UNDERWRITERS/GERBER LIFE | 0 | $304K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE CO OF AMERICA | 421 | $240K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 421 | — |
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.