| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $2K | $2K | 1.00% |
| JANET SLOAN3 | 600 N CREEKSIDE DRIVE MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $686 | — | $686 | 0.36% |
| JANET SLOAN3 | 600 N CREEKSIDE DR MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $6K | — | $6K | 4.21% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $902 | $902 | 0.68% |
| JANET SLOAN3 | 600 N CREEKSIDE DR MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $6K | — | $6K | 5.00% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, GA 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $813 | $813 | 0.67% |
| JANET SLOAN3 | 600 N CREEKSIDE DR MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | — | $3K | 5.00% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $342 | $342 | 0.68% |
| JANET SLOAN3 | 600 N CREEKSIDE DR MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $93 | $93 | 0.66% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AMERICAN BENEFIT SERVICES EIN 51-0489532 FSA ADMINISTRATOR | Recordkeeping and information management (computing, tabulating, data processing, etc.); Other services; Other fees; Contract Administrator; Claims processing; Float revenue Service code 12 | PO BOX 1635 IRMO, SC 29063 | $3K |
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 | 255 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 255 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF SOUTH CAROLINA | 255 | $4.2M |
| Dental | RELIANCE STANDARD LIFE INSURANCE COMPANY | 28 | $189K |
| Vision | RELIANCE STANDARD LIFE INSURANCE COMPANY | 28 | $189K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 248 | $120K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 162 | $132K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 152 | $65K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 255 | — |
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."
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.