| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COASTAL WORKPLACE BENEFITS, LLC3 Filed as: COASTAL WORKPLACE BENEFITS | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | $9K | — | $9K | 16.47% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $3K | $3K | 5.24% |
| COASTAL WORKPLACE BENEFITS, LLC | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | $7K | — | $7K | 16.46% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $2K | $2K | 5.25% |
| COASTAL WORKPLACE BENEFITS, LLC | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | $2K | — | $2K | 16.43% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $508 | $508 | 4.91% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $157 | $157 | 5.09% |
| COASTAL WORKPLACE BENEFITS, LLC | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | — | $0 | 0.00% |
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 | 219 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 219 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 219 | $55K |
| Long-term disability | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 219 | $44K |
| Other | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 29 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 219 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.