| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIAM M SPENCE3 Filed as: WILLIAM SPENCE | 10206 GLODE DRIVE SUITE 1700 ELLICOTT, MD 21042 | CAREFIRST BLUECHOICE | $33K | $8K | $41K | 6.18% |
| WILLIAM M SPENCE3 Filed as: WILLIAM SPENCE | 10206 GLOBE DR ELLICOTT CITY, MD 21042 | SUN LIFE ASSURANCE COMPANY OF CANADA | $12K | — | $12K | 11.27% |
| NEXTLOGICAL BENEFIT STRATEGIES LLC3 Filed as: NEXTLOGICAL BENEFIT STRATEGIES, LC | 377 N TANNERY RD WESTMINSTER, MD 21157 | SUN LIFE ASSURANCE COMPANY OF CANADA | $8K | — | $8K | 7.51% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | 1 KELLY WAY SPARKS, MD 21152 | SUN LIFE ASSURANCE COMPANY OF CANADA | $5K | — | $5K | 4.70% |
| WILLIAM M SPENCE3 Filed as: WILLIAM SPENCE | 10206 GLOBE SR ELLICOTT CITY, MD 21042 | AMERITAS LIFE INSURANCE CORP | $1K | — | $1K | 6.00% |
| ARRON DAVIS3 | 377 N TANNERY ROAD WESTMINSTER, MD 21157 | AMERITAS LIFE INSURANCE CORP | $873 | — | $873 | 4.00% |
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 | 112 | 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) | 112 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CAREFIRST BLUECHOICE | 95 | $663K |
| Dental | AMERITAS LIFE INSURANCE CORP | 61 | $22K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 112 | $104K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 112 | $104K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 112 | $104K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 112 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 112 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.