| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MFB FINANCIAL INC3 Filed as: MFB FINANCIAL INC DBA THE BAILEY | 1200 PLANTATION ISLAND DRIVE SAINT AUGUSTINE, FL 32080 | HEALTH OPTIONS, INC | $17K | — | $17K | 2.54% |
| MFB FINANCIAL INC3 Filed as: MFB FINANCIAL INC. DBA THE BAILEY | 1200 PLANTATION ISLAND DRIVE SAINT AUGUSTINE, FL 32080 | BLUE CROSS BLUE SHIELD OF FLORIDA | $12K | — | $12K | 3.64% |
| MFB FINANCIAL INC3 Filed as: MFB FINANCIAL INC. | 1200 PLANTATION ISLAND DR SUITE 210 SAINT AUGUSTINE, FL 32080 | HARTFORD LIFE AND ACCIDENT | $23K | — | $23K | 22.59% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES INC. | 1250 S. CAPITAL OF TEXAS HIGHWAY BLD 2 AUSTIN, TX 78746 | HARTFORD LIFE AND ACCIDENT | — | $1K | $1K | 1.25% |
| MFB FINANCIAL INC3 Filed as: MFB FINANCIAL, INC. | 1200 PLANTATION ISLAND DR. STE 210 ST. AUGUSTINE, FL 32080 | HUMANA INSURANCE COMPANY | $15K | — | $15K | 20.01% |
| MFB FINANCIAL DBA THE BAILEY GROUP3 | 1200 PLANTATION ISLAND DR S SUITE 210 ST. AUGUSTINE, FL 32080 | STANDARD LIFE AND ACCIDENT | $2K | — | $2K | 10.00% |
| MORGAN WHITE LIMITED DBA MWG BROKER3 | PO BOX 14067 JACKSON, MS 39236 | STANDARD LIFE AND ACCIDENT | $860 | — | $860 | 5.01% |
| CHRISTY PERSONS3 | 19220 PERSONS ROAD MOSS POINT, MS 39562 | STANDARD LIFE AND ACCIDENT | $515 | — | $515 | 3.00% |
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 | 219 | 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) | 219 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 4 carriers) | HEALTH OPTIONS, INC | 86 | $1.2M |
| Dental | HUMANA INSURANCE COMPANY | 148 | $73K |
| Vision | HUMANA INSURANCE COMPANY | 148 | $73K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 219 | $101K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 219 | $101K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 219 | $101K |
| Other(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 219 | $118K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 219 | — |
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.