| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRANKLIN FINANCIAL GROUP LLC3 Filed as: FRANKLIN FINANCIAL GROUP | 11350 MCCORMICK ROAD SUITE 200 HUNT VALLEY, MD 21031 | UNITEDHEALTHCARE INSURANCE COMPANY | $47K | — | $47K | 3.22% |
| KELLY & ASSOCIATES INSURANCE GROUP3 Filed as: KELLY & ASSOCIATES INS GROUP INC. | 1 KELLY WAY SPARKS, MD 21152 | UNITEDHEALTHCARE INSURANCE COMPANY | $17K | — | $17K | 1.17% |
| HENRY B THOMAS3 Filed as: HENRY B. FRANKLIN | EPIV STE 200 11350 MCCORMICK ROAD HUNT VALLEY, MD 21031 | UNION SECURITY INSURANCE COMPANY | $13K | — | $13K | 15.00% |
| KELLY & ASSOCIATES INSURANCE GROUP3 Filed as: KELLY & ASSOCIATES INSURANCE | 1 KLLY WAY ONAL CIR SPARKS, MD 21152 | UNION SECURITY INSURANCE COMPANY | — | $4K | $4K | 5.00% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | — | UNITED CONCORDIA INSURANCE COMPANY | $3K | — | $3K | 4.44% |
| FRANKLIN FINANCIAL GROUP LLC3 Filed as: FRANKLIN FINANCIAL GROUP, LLC | 11350 MCCORMICK ROAD SUITE 200 EP4 HUNT VALLEY, MD 21031 | ADVANTICA REINSURANCE COMPANY | $996 | — | $996 | 10.26% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | 1 KELLY WAY SPARKS, MD 21152 | ADVANTICA REINSURANCE COMPANY | $598 | — | $598 | 6.16% |
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 | 190 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 190 | $1.5M |
| Dental | UNITED CONCORDIA INSURANCE COMPANY | 138 | $71K |
| Vision | ADVANTICA REINSURANCE COMPANY | 158 | $10K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 110 | $88K |
| Short-term disability | UNION SECURITY INSURANCE COMPANY | 110 | $88K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 110 | $88K |
| Other | UNION SECURITY INSURANCE COMPANY | 110 | $88K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 190 | — |
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.
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.