| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHADWICK RICH3 | P.O. BOX 12624 PENSACOLA, FL 32591 | CAPITAL HEALTH PLAN | $36K | $0 | $36K | 3.21% |
| RODNEY RICH & COMPANY3 | 1070 HARBOR LN GULF BREEZE, FL 325633316 | BLUE CROSS BLUE SHIELD OF FLORIDA | $6K | — | $6K | 4.00% |
| RODNEY RICH & COMPANY3 Filed as: RODNEY RICH & CO | 300 N TARRAGONA ST PENSACOLA, FL 325014859 | METROPOLITAN LIFE INSURANCE COMPANY | $11K | $28 | $11K | 7.83% |
| RODNEY L RICH CO INC Filed as: RODNEY RICH AND COMPANY | 300 N. TARRAGONA ST. PENSACOLA, FL 32501 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $74K | — | $74K | 997.40% |
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 | 131 | 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) | 131 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CAPITAL HEALTH PLAN | 192 | $1.3M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 373 | $144K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 101 | $7K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 373 | $144K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 373 | $144K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 373 | $144K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 373 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.