| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PLANNED ADMINISTRATORS, INC.5 Filed as: PLANNED ADMINISTRATORS INC | 8906 TWO NOTCH ROAD SUITE 200 COLUMBIA, SC 29223 | OPTUM HEALTH - UNIMERICA | $8K | — | $8K | 8.82% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFITS SERVICES, INC. | 1012 E. WALL STREET MT. PLEASANT, SC 29464 | OPTUM HEALTH - UNIMERICA | $8K | — | $8K | 8.82% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAHER BENEFITS SERVICES INC. | 1012 E. WALL STREET MT. PLEASANT, SC 29464 | COMPANION LIFE INSURANCE CO | $302 | — | $302 | 11.98% |
| PLANNED ADMINISTRATORS, INC.3 Filed as: PLANNED ADMINISTRATORS INC | 17 TECHNOLOGY CIRCLE AG 970 COLUMBIA, SC 29203 | COMPANION LIFE INSURANCE CO | $151 | — | $151 | 5.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PLANNED ADMINISTRATORS INC EIN 57-0718839 NONE | Plan Administrator Service code 14 | 8906 TWO NOTCH ROAD, SUITE 200 COLUMBIA, SC 29223 | $10K |
| SMITH SAPP BOOKHOUT, ETAL EIN 57-0801130 NONE | Accounting (including auditing) Service code 10 | 4728 JENN DRIVE MYRTLE BEACH, SC 29577 | $9K |
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 | 60 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 63 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | COMPANION LIFE INSURANCE CO | 63 | $3K |
| Stop-loss / reinsurancereinsurance | OPTUM HEALTH - UNIMERICA | 101 | $89K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 101 | — |
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.