| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC3 | 656 SHREWSBURY AVE TRINTON FALLS, NJ 07701 | AETNA LIFE INSURANCE CO. | $43K | $0 | $43K | 5.51% |
| MORRIS & REYNOLDS INC3 Filed as: MORRIS & REYNOLDS | 14821 SOUTH DIXIE HWY MIAMI, FL 33176 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 6.83% |
| WORLD INSURANCE ASSOCIATES LLC3 Filed as: WORLD INS ASSOC INC DBA M&R | 14821 SOUTH DIXIE HWY MIAMI, FL 33176 | PRINCIPAL LIFE INSURANCE COMPANY | $999 | $0 | $999 | 3.18% |
| WORLD INSURANCE ASSOCIATES LLC3 | PO BOX 95000 PHILADELPHIA, PA 19195 | SAFEGUARD HEALTH PLANS INC, A FLORIDA CORPORATION | $2K | — | $2K | 10.02% |
| MORRIS & REYNOLDS INC3 | 14821 S DIXIE HWY MIAMI, FL 33176 | SAFEGUARD HEALTH PLANS INC, A FLORIDA CORPORATION | $165 | $0 | $165 | 0.85% |
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 | 178 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 178 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 121 | $778K |
| Dental | SAFEGUARD HEALTH PLANS INC, A FLORIDA CORPORATION | 147 | $19K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 178 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 178 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.