| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TURNER WOOD & SMITH3 Filed as: TURNER WOOD AND SMITH AGENCY INC | 1515 COMMUNITY WAY GAINESVILLE, GA 30501 | PRINCIPAL LIFE INSURANCE COMPANY | $33K | $9K | $42K | 9.84% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPLOYEE BENEFIT MANAGEMENT SERVICE EIN 81-0391256 CLAIMS ADMIN | Contract Administrator; Plan Administrator; Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | — | $120K |
| TURNER WOOD AND SMITH AGENCY INC BROKER | Insurance agents and brokers; Insurance services Service code 22 | 100 BRENAU AVENUE GAINESVILLE, GA 30503 | $90K |
| SENTRY HEALTH EIN 27-3334466 MED ADVOCACY | Other fees Service code 99 | — | $23K |
| PROCARE PHARMACY BEN MGMT INC EIN 58-2422694 RX ADMIN FEES | Other fees Service code 99 | — | $18K |
| TELEMEDICINE MGMT INC EIN 26-1306606 TELEMEDICINE | Other fees Service code 99 | — | $8K |
| NORTHEAST GEORGIA HEALTH PARTNERS EIN 58-2131807 PPO FEES | Other fees Service code 99 | — | $6K |
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 | 0 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 0 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 752 | $428K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 752 | $428K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 752 | $428K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 752 | $428K |
| Stop-loss / reinsurancereinsurance | COMMERCIAL GROUP INTERMEDIARIES | 350 | $327K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 752 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.