| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TURNER WOOD & SMITH3 Filed as: TURNER WOOD AND SMITH | 100 BRENAU AVE GAINESVILLE, GA 30501 | AETNA LIFE INSURANCE COMPANY | $34K | $26K | $60K | 1.08% |
| PLANSOURCE BENEFITS ADMINISTRATION3 Filed as: PLANSOURCE HOLDINGS INC | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | AETNA LIFE INSURANCE COMPANY | $26K | $0 | $26K | 0.46% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TURNER WOOD AND SMITH BROKER | Insurance agents and brokers Service code 22 | 100 BRENAU AVE GAINESVILLE, GA 30501 | $77K |
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 | 1,058 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 6 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,064 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Dental | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Vision | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Life insurance | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Short-term disability | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Long-term disability | AETNA LIFE INSURANCE COMPANY | 1,058 | $5.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,058 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.