| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT PLANNING CONCEPTS INC3 | 2512 BEXLEY STREET SNELLVILLE, GA 30078 | AETNA | $80K | — | $80K | 7.82% |
| BENEFIT PLANNING CONCEPTS INC3 Filed as: BENEFIT PLANNING CONCEPTS INC. | 2512 BEXLEY CT SNELLVILLE, GA 30078 | METLIFE | $6K | — | $6K | 5.97% |
| CLYDE PHILLIPS3 Filed as: CLYDE L PHILLIPS JR | 370 FAIRWAY CIRCLE MONROE, GA 30656 | UNION SECURITY INSURANCE COMPANY | $10K | — | $10K | 15.25% |
| JP CAPITAL & INSURANCE COMPANY3 | PO BOX 767 JACKSON, GA 30233 | UNION SECURITY INSURANCE COMPANY | $4K | — | $4K | 6.54% |
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 | 290 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 290 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA | 306 | $1.0M |
| Dental | METLIFE | 321 | $93K |
| Life insurance(2 contracts, 2 carriers) | METLIFE | 321 | $155K |
| Short-term disability | METLIFE | 321 | $93K |
| Other(2 contracts, 2 carriers) | METLIFE | 321 | $155K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 321 | — |
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.