| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| C1 BENEFITS | 63 INTERLAKEN RD ORLANDO, FL 32804 | PAN-AMERICAN LIFE INSURANCE COMPANY | — | $578K | $578K | 10.97% |
| BENEFIT SOURCE INC Filed as: BENEFIT SOURCE, INC | 304 RIDGELAND DR GREENVILLE, SC 29601 | PAN-AMERICAN LIFE INSURANCE COMPANY | — | $307K | $307K | 5.83% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| C1 BENEFITS EIN 26-2868813 NONE | Insurance brokerage commissions and fees Service code 53 | 63 INTERLAKE RD ORLANDO, FL 32804 | $578K |
| BENEFIT SOURCE, INC EIN 57-0556933 NONE | Plan Administrator; Direct payment from the plan Service code 14 | 304 RIDGELAND DR GREENVILLE, SC 29601 | $307K |
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 | 575 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 575 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PAN-AMERICAN LIFE INSURANCE COMPANY | 575 | $5.3M |
| Dental | PAN-AMERICAN LIFE INSURANCE COMPANY | 575 | $5.3M |
| Short-term disability | PAN-AMERICAN LIFE INSURANCE COMPANY | 575 | $5.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 575 | — |
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.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.