| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SBHU LIFE AGENCY, INC.3 | 1201 PEACHTREE STREET NE ATLANTA, GA 30361 | THE PAUL REVERE LIFE INSURANCE COMPANY | $30K | $0 | $30K | 15.00% |
| BENEFIT CONTROL OF THE SOUTHEAST3 | 1193 SEA EAGLE WATCH CHARLESTON, SC 294128253 | METROPOLITAN LIFE INSURANCE COMPANY | $16K | $0 | $16K | 14.85% |
| SBHU LIFE AGENCY, INC.3 Filed as: SBHU LIFE AGENCY INC. | 1201 PEACHTREE STREET NE ATLANTA, GA 30361 | THE PAUL REVERE LIFE INSURANCE COMPANY | $9K | $0 | $9K | 15.00% |
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 | 401 | 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) | 402 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 572 | $106K |
| Short-term disability | THE PAUL REVERE LIFE INSURANCE COMPANY | 246 | $58K |
| Long-term disability | THE PAUL REVERE LIFE INSURANCE COMPANY | 171 | $203K |
| Stop-loss / reinsurancereinsurance | NATIONWIDE LIFE INSURANCE COMPANY | 233 | $163K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 572 | $106K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 572 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.