| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERITAIN HEALTH3 Filed as: MERITAIN HEALTH, INC. | 4630 WOODLAND CORP, BLVD #F395 TAMPA, FL 33614 | ACE AMERICAN INSURANCE COMPANY | — | $23K | $23K | 13.66% |
| GULFCOAST EMPLOYEE BENEFITS3 Filed as: GULFCOAST EMPLOYEE BENEFITS, INC. | 9040 TOWN CENTER PKWY LAKEWOOD RANCH, FL 34202 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 8.03% |
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 | 163 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 163 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ACE AMERICAN INSURANCE COMPANY | 90 | $172K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 163 | $57K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 163 | $57K |
| Prescription drug | ACE AMERICAN INSURANCE COMPANY | 90 | $172K |
| Stop-loss / reinsurancereinsurance | ACE AMERICAN INSURANCE COMPANY | 90 | $172K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 163 | — |
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.