| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COOKSEY INSURANCE AGENCY, INC.3 | 2208 WELBECK LANE VIRGINIA BEACH, VA 23456 | OPTIMAHEALTH | $16K | $0 | $16K | 1.65% |
| COOKSEY INSURANCE AGENCY, INC.3 | 2208 WELBECK LANE VIRGINIA BEACH, VA 23456 | OPTIMA HEALTH INSURANCE COMPANY | $2K | $0 | $2K | 1.65% |
| VIRGINIA AUTOMOBILE DEALERS SVCS.3 | PO BOX 5407 RICHMOND, VA 23220 | AMERICAN FIDELITY ASSURANCE COMPANY | $24K | $0 | $24K | 25.51% |
| VIRGINIA AUTOMOBILE DEALERS SVCS.3 | PO BOX 5407 RICHMOND, VA 23220 | UNITED CONCORDIA INSURANCE COMPANY | $10K | $0 | $10K | 15.09% |
| VIRGINIA AUTOMOBILE DEALERS SVCS.3 | PO BOX 5407 RICHMOND, VA 23220 | BOSTON MUTUAL LIFE INSURANCE COMPANY | $7K | $0 | $7K | 17.83% |
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 | 122 | 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) | 122 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | OPTIMAHEALTH | 141 | $1.2M |
| Dental | UNITED CONCORDIA INSURANCE COMPANY | 204 | $64K |
| Life insurance | BOSTON MUTUAL LIFE INSURANCE COMPANY | 227 | $39K |
| Short-term disability | AMERICAN FIDELITY ASSURANCE COMPANY | 83 | $96K |
| Long-term disability | AMERICAN FIDELITY ASSURANCE COMPANY | 83 | $96K |
| Other(4 contracts, 4 carriers) | OPTIMAHEALTH | 227 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 227 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.