| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALTERNATIVE INSURANCE RESOURCE5 Filed as: ALTERNATIVE INSURANCE RESOURCE, INC | 1770 INDEPENDENCE COURT SUITE 100 BIRMINGHAM, AL 35216 | SIRIUS AMERICA INSURANCE COMPANY | $57K | — | $57K | 18.73% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALTERNATIVE INSURANCE RESOURCES,INC EIN 72-1382665 NONE | Plan Administrator Service code 14 | 1770 INDEPENDENCE COURT VESTAVIA, AL 35216 | $165K |
| ZELIS HEALTHCARE EIN 31-1407609 NONE | Plan Administrator; Claims processing Service code 12 | 6875 SHILOH ROAD EAST ALPHARETTA, GA 30005 | $126K |
| CAREHERE LLC EIN 54-2138297 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 5141 VIRGINIA WAY STE 350 BRENTWOOD, TN 37027 | $32K |
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 | 440 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 17 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 457 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | SIRIUS AMERICA INSURANCE COMPANY | 1,423 | $302K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,423 | — |
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.