| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KELLY & ASSOCIATES INSURANCE GROUP3 | — | CAREFIRST BLUECHOICE | $47K | $30K | $78K | 8.17% |
| USI INSURANCE SERVICES LLC3 | — | AMERICAN UNITED LIFE INSURANCE COMPANY | $3K | $2K | $6K | 6.18% |
| RICHARD G MCGOWAN3 Filed as: RICHARD J PRINCINSKY & ASSOC | — | AMERICAN UNITED LIFE INSURANCE COMPANY | — | $1K | $1K | 1.45% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | 1 KELLY WAY SPARKS, MD 21152 | GUARDIAN | $4K | — | $4K | 4.76% |
| FINANCIAL BALANCE GROUP LLC3 Filed as: FINANCIAL BALANCE GROUP INC | 1901 RESEARCH BLVD SUITE 400 ROCKVILLE, MD 20850 | GUARDIAN | $4 | — | $4 | 0.00% |
| KELLY & ASSOCIATES INSURANCE GROUP3 | 1 KELLY WAY SPARKS, MD 21152 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $746 | — | $746 | 6.45% |
| USI INSURANCE SERVICES LLC3 | PO BOX 61007 VIRGINIA BEACH, VA 23466 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $166 | — | $166 | 1.44% |
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 | 268 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 269 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CAREFIRST BLUECHOICE | 149 | $949K |
| Dental | GUARDIAN | 164 | $92K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 166 | $12K |
| Life insurance | AMERICAN UNITED LIFE INSURANCE COMPANY | 268 | $94K |
| Short-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 268 | $94K |
| Long-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 268 | $94K |
| Prescription drug | CAREFIRST BLUECHOICE | 149 | $949K |
| Other | AMERICAN UNITED LIFE INSURANCE COMPANY | 268 | $94K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 268 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.