| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRP CORP DBA ACENTRIA BRC3 | 4634 GULFSTARR DRIVE DESTIN, FL 32541 | HEALTH OPTIONS | $23K | — | $23K | 3.90% |
| FRP CORP DBA ACENTRIA BRC3 | 4634 GULFSTARR DIVE DESTIN, FL 32541 | BLUE CROSS BLUE SHIELD OF FLORIDA | $6K | — | $6K | 5.26% |
| MJ INSURANCE3 Filed as: VARIOUS AGENTS-SEE ATTACHED | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $18K | $9K | $27K | 43.23% |
| FOUNDATION RISK PARTNERS CORP3 Filed as: FOUNDATION RISK PARTNERS CORP. | 780 W. GRANADA BLVD. STE 100 ORMOND BEACH, FL 32174 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $647 | $6K | 13.21% |
| FOUNDATION RISK PARTNERS CORP3 | 4634 GULFSTARR DRIVE. DESTIN, FL 32541 | PRINCIPAL LIFE INSURANCE COMPANY | — | $1K | $1K | 3.27% |
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 | 159 | 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) | 159 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF FLORIDA | 13 | $116K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $42K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $42K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $42K |
| Prescription drug(2 contracts, 2 carriers) | HEALTH OPTIONS | 83 | $712K |
| Other(2 contracts, 2 carriers) | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 204 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 204 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.