| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SFS FINANCIAL INC3 | 935 HWY 124 SUITE 207 BRASELTON, GA 30517 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $8K | $0 | $8K | 6.93% |
| SFS FINANCIAL INC3 | 935 HIGHLAND 124 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $8K | $0 | $8K | 13.85% |
| SFS FINANCIAL INC3 | 935 HIGHLAND 124 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $8K | $0 | $8K | 13.74% |
| SFS FINANCIAL INC3 | 935 HIGHLAND 124 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6K | $0 | $6K | 13.76% |
| SFS FINANCIAL INC3 | 935 HWY 134 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | $0 | $3K | 15.00% |
| SFS FINANCIAL INC3 | 935 HWY 134 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | $0 | $2K | 15.00% |
| SFS FINANCIAL INC3 | 935 HWY 124 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | $0 | $2K | 15.00% |
| SFS FINANCIAL INC3 | 935 HIGHLAND 124 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | $0 | $1K | 13.80% |
| SFS FINANCIAL INC3 | 935 HWY 134 SUITE 207 BRASELTON, GA 30517 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $302 | $0 | $302 | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TRUSTMARK HEALTH BENEFITS, INC. EIN 35-1846036 NONE | Claims processing; Other services; Plan Administrator Service code 12 | — | $186K |
| SFS FINANCIAL INC DBA BENEFIT RESOU EIN 58-2587980 NONE | Consulting (general); Insurance agents and brokers Service code 16 | — | $94K |
| AETNA EIN 06-6033492 NONE | Claims processing; Other services Service code 12 | — | $24K |
| ADMIN AMERICA, INC FSA/HRA ADMIN | Claims processing Service code 12 | 1720 WINDWARD CONCOURSE SUITE 290 ALPHARETTA, GA 30009 | $2K |
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 | 156 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 130 | $118K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 130 | $118K |
| Life insurance(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 156 | $79K |
| Short-term disability(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 121 | $74K |
| Long-term disability(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 97 | $52K |
| Stop-loss / reinsurancereinsurance | US FIRE INSURANCE COMPANY | 0 | $384K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 156 | $9K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 156 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.