| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FBMC BENEFITS MANAGEMENT INC3 Filed as: FBMC BENEFITS MANAGEMENT, INC. | 3101 SESSION ROAD, SUITE 200 TALLAHASSEE, FL 323032874 | BLUE CROSS BLUE SHIELD OF FLORIDA | $6K | — | $6K | 3.04% |
| FBMC BENEFITS MANAGEMENT INC3 Filed as: FBMC BENEFITS | 3101 SESSIONS ROAD, SUITE 200 TALLAHASSEE, FL 32303 | SUN LIFE ASSURANCE COMPANY OF CANADA | $10K | — | $10K | 9.98% |
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE | 3522 THOMASVILLE ROAD, 3RD FLOOR TALLAHASSEE, FL 32309 | SUN LIFE ASSURANCE COMPANY OF CANADA | $12 | — | $12 | 0.01% |
| J DONOVAN FINANCIAL3 | 333 S. GARLAND AVENUE, FLOOR 13 ORLANDO, FL 32801 | SUN LIFE ASSURANCE COMPANY OF CANADA | -$20 | — | -$20 | -0.02% |
| FBMC BENEFITS MANAGEMENT INC3 Filed as: FBMC BENEFITS MANAGEMENT | 3101 SESSIONS ROAD, SUITE 200 TALLAHASSEE, FL 32303 | SUN LIFE ASSURANCE COMPANY OF CANADA | $1K | — | $1K | 9.97% |
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE | 3522 THOMASVILLE ROAD, 3RD FLOOR TALLAHASSEE, FL 32309 | SUN LIFE ASSURANCE COMPANY OF CANADA | $3 | — | $3 | 0.02% |
| J DONOVAN FINANCIAL3 | 333 S. GARLAND AVENUE, FLOOR 13 ORLANDO, FL 32801 | SUN LIFE ASSURANCE COMPANY OF CANADA | -$4 | — | -$4 | -0.03% |
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 | 241 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 244 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CAPITAL HEALTH PLAN | 302 | $2.2M |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 244 | $14K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 244 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 302 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.