| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES | 204 CATOCTIN CIRCLE SE 2ND FLOOR LEESBURG, VA 20175 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $2K | $2K | 0.12% |
| POTOMAC INSURANCE INC3 Filed as: POTOMAC INSURANCE & BENEFIT SERVICE | 15825 SHADY GROVE RD STE 170 ROCKVILLE, MD 20850 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | -$177K | -$177K | -9.73% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES | 204 CATOCTIN CIRCLE SE 2ND FLOOR LEESBURG, VA 20175 | METROPOLITAN LIFE INSURANCE COMPANY | $8K | $4K | $12K | 7.53% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $22K | $0 | $22K | 15.22% |
| POTOMAC INSURANCE INC3 Filed as: POTOMAC INSURANCE SERVICES LLC | 15825 SHADY GROVE RD STE 170 ROCKVILLE, MD 20850 | STANDARD INSURANCE COMPANY | $1K | $0 | $1K | 0.95% |
| SUMMIT INS SERVICES LLC3 Filed as: SUMMIT INSUARNACE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $793 | $0 | $793 | 0.54% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $17K | $0 | $17K | 15.09% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $670 | $0 | $670 | 0.60% |
| POTOMAC INSURANCE INC3 | 15825 SHADY GROVE RD STE 170 ROCKVILLE, MD 20850 | STANDARD INSURANCE COMPANY | $469 | $0 | $469 | 0.42% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES | 204 CATOCTIN CIRCLE SE 2ND FLOOR LEESBURG, VA 20175 | VISION SERVICE PLAN | $818 | $0 | $818 | 5.00% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $1K | $0 | $1K | 15.00% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE SERVICES LLC | 300 NORTH MAIN STREET MOOREFIELD, WV 26836 | STANDARD INSURANCE COMPANY | $41 | $0 | $41 | 0.53% |
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 | 164 | 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) | 164 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 204 | $1.8M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 412 | $163K |
| Vision | VISION SERVICE PLAN | 142 | $16K |
| Life insurance | STANDARD INSURANCE COMPANY | 163 | $147K |
| Short-term disability | STANDARD INSURANCE COMPANY | 45 | $8K |
| Long-term disability | STANDARD INSURANCE COMPANY | 164 | $112K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 412 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.