| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WALLACE WELCH & WILLINGHAM INC | 300 1ST AVE S STE 500 ST. PETERSBURG, FL 33701 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | — | $0 | 0.00% |
| WALLACE WELCH & WILLINGHAM INC | 300 1ST AVE S STE 500 ST. PETERSBURG, FL 33701 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX, INC. EIN 33-0441200 NONE | Consulting (general) Service code 16 | — | $432K |
| UMR,INC. EIN 39-1995276 NONE | Claims processing Service code 12 | PO BOX 30541 SALT LAKE CITY, UT 84130 | $130K |
| WALLACE WELCH & WILLINGHAM NONE | Consulting (general) Service code 16 | 300 FIRST AVENUE SOUTH ST. PETERSBURG, FL 33701 | $85K |
| BURKE & COMPANY CPAS P.A. EIN 59-2817757 NONE | Accounting (including auditing) Service code 10 | 1317 W FLETCHER AVE STE A TAMPA, FL 33612 | $25K |
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 | 223 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 228 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 228 | $148K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 228 | $148K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 228 | $439K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 228 | $148K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 228 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.