| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MFB FINANCIAL INC | 1200 PLANTATION ISLAND DR S STE 210 SAINT AUGUSTINE, FL 320803115 | FLORIDA COMBINED LIFE | $26K | — | $26K | 16.11% |
| FLORIDA BLUE | 4800 DEERWOOD CAMPUS PKWY #DC2/2 JACKSONVILLE, FL 32246 | FLORIDA COMBINED LIFE | $202 | — | $202 | 0.12% |
| MFB FINANCIAL INC Filed as: MFB FINANCIAL, INC. | 1800 PEMBROKE DR, STE 150 ORLANDO, FL 32810 | LINCOLN NATIONAL INSURANCE COMPANY | $13K | — | $13K | 20.00% |
| WILLIS TOWERS WATSON US LLC Filed as: WILLIS OF FLORIDA | 29848 NETWORK PLACE CHICAGO, IL 28290 | EYEMED | $363 | — | $363 | 3.31% |
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 | 253 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 253 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | FLORIDA COMBINED LIFE | 261 | $162K |
| Vision | EYEMED | 145 | $11K |
| Life insurance | LINCOLN NATIONAL INSURANCE COMPANY | 258 | $67K |
| Long-term disability | LINCOLN NATIONAL INSURANCE COMPANY | 258 | $67K |
| Other(2 contracts) | ICUBA | 253 | $230K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 261 | — |
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.