| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHN RAY RICHARDSON3 | 3550 LENOX RD NE STE 1100 ATLANTA, GA 303264294 | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ZWJ INVESTMENT COUNSEL INC EIN 58-1434494 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $202K |
| SIGNATUREFD LLC EIN 58-2323085 NONE | Investment advisory (participants); Direct payment from the plan Service code 26 | — | $196K |
| SCHWAB RETIREMENT PLAN SERVICES INC EIN 34-1479833 NONE | Direct payment from the plan; Investment advisory (participants); Recordkeeping and information management (computing, tabulating, data processing, etc.); Recordkeeping fees Service code 15 | — | $186K |
| MORGAN STANLEY GLOBAL EIN 26-4310632 NONE | Investment management; Securities brokerage commissions and fees; Direct payment from the plan Service code 28 | — | $126K |
| ACADEMY CAPITAL MANAGEMENT EIN 74-2411461 NONE | Investment advisory (participants); Direct payment from the plan Service code 26 | — | $51K |
| HB WEALTH MANAGEMENT LLC EIN 87-2119854 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $47K |
| CIBC PRIVATE WEALTH ADVISORS I EIN 20-0822261 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $43K |
| FCA CORP EIN 76-0076528 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $27K |
| AVIDIAN WEALTH SOLUTIONS LLC EIN 06-1667250 NONE | Investment advisory (participants); Direct payment from the plan Service code 26 | — | $22K |
| LMCG INVESTMENTS LLC EIN 27-0282607 NONE | Investment advisory (participants); Direct payment from the plan Service code 26 | — | $11K |
| NICHOLAS HOFFMAN & COMPANY LLC EIN 37-1548177 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $11K |
| NORTHWESTERN MUTUAL LIFE INSURANCE EIN 39-0509570 NONE | Other insurance fees and expenses; Direct payment from the plan Service code 50 | — | $10K |
| ENVESTNET ASSET MANAGEMENT INC EIN 36-4319587 NONE | Direct payment from the plan; Investment advisory (participants) Service code 26 | — | $9K |
| CHARLES SCHWAB & CO., INC. EIN 94-1737782 NONE | Shareholder servicing fees; Other investment fees and expenses; Direct payment from the plan; Securities brokerage commissions and fees; Float revenue; Securities brokerage Service code 33 | — | $8K |
| CHARLES SCHWAB & CO. INC. AND AFFIL | Shareholder servicing fees Service code 59 | — | $0 |
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 | 1,967 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1,127 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 9 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 3,103 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | 10 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 10 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.