| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BLADE BENEFIT CONSULTING LLC3 Filed as: BLADE BENEFIT CONSULTING | 6465 COLLEGE PARK SQARE SUITE 208 VIRGINIA BEACH, VA 23464 | OPTIMA HEALTH PLAN | $15K | — | $15K | 2.27% |
| BLADE BENEFIT CONSULTING LLC3 Filed as: BLADE BENEFIT CONSULTING | 6465 COLLEGE PARK SQARE SUITE 208 VIRGINIA BEACH, VA 23464 | OPTIMA HEALTH INSURANCE COMPANY | $6K | — | $6K | 2.31% |
| BLADE BENEFIT CONSULTING LLC3 Filed as: BLADE BENEFIT CONSULTING | 6465 COLLEGE PARK SQARE SUITE 208 VIRGINIA BEACH, VA 23464 | OPTIMA HEALTH PLAN | $7K | — | $7K | 2.60% |
| KEYARX CAPITAL ADVISORS3 | 101 CRAWFORDS CORNER RD STE 1300 HOLMDEL, NJ 07733 | SUN LIFE ASSURANCE CO OF CANADA | $29K | — | $29K | 12.00% |
| BLADE BENEFIT CONSULTING LLC3 | 6465 COLLEGE PARK SQARE SUITE 208 VIRGINIA BEACH, VA 23464 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $18K | $5K | $23K | 15.00% |
| BLADE BENEFIT CONSULTING LLC3 Filed as: BLADE BENEFIT CONSULTING | 6465 COLLEGE PARK SQARE SUITE 208 VIRGINIA BEACH, VA 23464 | OPTIMA HEALTH INSURANCE COMPANY | $1K | — | $1K | 1.84% |
| KEYARX CAPITAL ADVISORS3 | 101 CRAWFORDS CORNER RD STE 1300 HOLMDEL, NJ 07733 | SUN LIFE ASSURANCE CO OF CANADA | $5K | — | $5K | 12.00% |
| MGIS3 | 111 SOUTH MAIN ST STE 400 SALT LAKE CITY, UT 84111 | SUN LIFE ASSURANCE CO OF CANADA | — | $75 | $75 | 0.18% |
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 | 135 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 2 carriers) | OPTIMA HEALTH PLAN | 150 | $1.2M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 155 | $152K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 155 | $152K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 155 | $152K |
| Short-term disability | SUN LIFE ASSURANCE CO OF CANADA | 160 | $41K |
| Long-term disability | SUN LIFE ASSURANCE CO OF CANADA | 160 | $244K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 155 | $152K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 160 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.