| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ANGUS MCRAE INSURANCE BROKERAGE3 | 4553 CAPERS CROSSING EAST PEACHTREE CORNERS, GA 30092 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $56K | $56K | 5.00% |
| ANGUS MCRAE INSURANCE BROKERAGE3 Filed as: ANGUS ANDRE MCRAE | 3625 CUMBERLAND BLVD SE SUITE 1000 ATLANTA, GA 303396403 | PRINCIPAL LIFE INSURANCE COMPANY | $21K | $6K | $26K | 12.38% |
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 | 100 | 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) | 100 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 113 | $1.1M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 187 | $214K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 187 | $214K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 187 | $214K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 187 | $214K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 187 | $214K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Final-filing indicator set. Plan is winding down; don't waste sales effort here.