| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BALDWIN KRYSTYN SHERMAN PARTNERS3 Filed as: BALDWIN KRYSTYN SHERMAN PRTNRS LLC | 4010 W BOY SCOUT BLVD STE 200 TAMPA, FL 336075752 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $73K | $16K | $89K | 10.42% |
| BALDWYN KRYSTYN SHERMAN PARTNERS3 | 1185 IMMOKALEE RD SUITE 200 NAPLES, FL 34110 | SUN LIFE ASSURANCE COMPANY OF CANADA | $108K | $13K | $121K | 16.77% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNITED HEALTHCARE SERVICES EIN 41-1289245 CLAIMS PROCESSOR | Other services; Claims processing Service code 12 | — | $188K |
| BALDWIN KRYSTYN SHERMAN PRTNRS LLC EIN 20-4102683 BROKER | Other commissions Service code 55 | 4010 W BOY SCOUT BLVD STE 200 TAMPA, FL 336075752 | $28K |
| BALDWIN KRYSTYN SHERMAN PARTNERS EIN 20-4102683 BROKER | Other commissions Service code 55 | 4233 PABLO PROFESSIONAL CT STE 201 JACKSONVILLE, FL 32224 | $14K |
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 | 852 | 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) | 852 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 685 | $720K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 852 | $855K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 852 | — |
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.