| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | HEALTH OPTIONS INC | $22K | — | $22K | 5.00% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | BLUE CROSS BLUE SHIELD OF FLORIDA | $16K | — | $16K | 5.00% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | $2K | $7K | 13.37% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER BENEFITS | — | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $784 | — | $784 | 1.50% |
| HARRISON-DAVIS INC3 | — | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $52 | — | $52 | 0.10% |
| DAVIS II COMPANIES LLC3 Filed as: DAVIS II COMPANIES | — | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $26 | — | $26 | 0.05% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | USABLE LIFE | $3K | — | $3K | 16.06% |
| BLUE CROSS BLUE SHIELD OF FLORIDA3 Filed as: BLUE CROSS BLUE SHIELD | 4800 DEERWOOD CAMPUS JACKSONVILLE, FL 32246 | USABLE LIFE | $270 | — | $270 | 1.25% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | — | $2K | 12.00% |
| WALLACE WELCH & WILLINGHAM INC Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | ALLSTATE BENEFITS | $2K | — | $2K | 19.99% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | METROPOLITAN LIFE INSURANCE COMPANY | $719 | — | $719 | 9.10% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER BENEFITS | 306 W ERIE ST STE 300 CHICAGO, IL 60654 | METROPOLITAN LIFE INSURANCE COMPANY | $108 | — | $108 | 1.37% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | USABLE LIFE | $964 | — | $964 | 15.90% |
| WALLACE WELCH & WILLINGHAM INC3 Filed as: WALLACE WELCH & WILLINGHAM, INC. | 300 1ST AVE S., 5TH FLOOR ST. PETERSBURG, FL 33701 | USABLE LIFE | $238 | — | $238 | 15.99% |
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 | 108 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 108 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HEALTH OPTIONS INC | 67 | $761K |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 89 | $52K |
| Vision(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF FLORIDA | 128 | $327K |
| Life insurance(3 contracts, 3 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 99 | $92K |
| Short-term disability(2 contracts) | USABLE LIFE | 108 | $8K |
| Long-term disability(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 99 | $70K |
| Prescription drug | HEALTH OPTIONS INC | 67 | $442K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 89 | $52K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 128 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.