| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRENT WICK3 | 246 E 11TH ST STE 302 CHATTANOOGA, TN 37402 | BLUE CROSS BLUE SHIELD OF TENNESSEE | $45K | — | $45K | 5.47% |
| BALDWIN KRYSTYN SHERMAN PARTNERS3 | 6148 LEE HIGHWAY SUITE 206 CHATTANOOGA, TN 37421 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $13K | — | $13K | 10.69% |
| BALDWIN KRYSTYN SHERMAN PARTNERS3 | 246 E 11TH STREET STE 302 CHATTANOOGA, TN 37402 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $3K | $5K | $8K | 6.39% |
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 | 126 | 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) | 126 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF TENNESSEE | 152 | $823K |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 131 | $119K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 131 | $119K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 131 | $119K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 131 | $119K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 131 | $119K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 152 | — |
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.