| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMPLOYEE BENEFIT SPECIALIST INC3 Filed as: EMPLOYEE BENEFIT SPECIALIST, LLC | PO BOX 80157 SIMPSONVILLE, SC 29680 | BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA | $345K | — | $345K | 5.00% |
| EMPLOYEE BENEFIT SPECIALISTS3 | PO BOX 80157 SIMPSONVILLE, SC 29680 | SUN LIFE ASSURANCE COMPANY OF CANADA | $75K | $18K | $92K | 12.28% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FLORES ADMINISTRATION SOLUTIONS EIN 56-1542307 ADMINISTRATOR | Plan Administrator Service code 14 | 12519 WINEXBURG MANOR DRIVE SILVER SPRINGS, MD 20906 | $72K |
| SUN LIFE ASSURANCE COMPANY OF CANAD EIN 38-1082080 ADMINISTRATOR | Plan Administrator Service code 14 | — | $19K |
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 | 960 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 974 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA | 824 | $6.9M |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,048 | $752K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,048 | $752K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,048 | $752K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA | 824 | $6.9M |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,079 | $771K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,079 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.