| 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 | 12.82% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $3K | $3K | 4.08% |
| COASTAL WORKPLACE BENEFITS, LLC | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | $7K | — | $7K | 12.85% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $2K | $2K | 4.03% |
| COASTAL WORKPLACE BENEFITS, LLC | 1110 MONTLIMAR DR MOBILE, AL 36609 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | $2K | — | $2K | 12.76% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $626 | $626 | 4.31% |
| GIS BENEFITS INC Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 60450 | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | — | $172 | $172 | 4.70% |
| 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 | 210 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 210 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 210 | $71K |
| Long-term disability | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 208 | $58K |
| Other | EQUITABLE FINANCIAL LIFE INSURANCE OF AMERICA | 29 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 210 | — |
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.