| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB & PITTS INSURANCE/RICK MCK | 2670 UNION AVE EXTENDED SUITE 100 MEMPHIS, TN 38112 | GERBER LIFE INSURANCE COMPANY | $22K | — | $22K | 10.73% |
| SA BENEFITS SERV, LLC/STEPHANIE CHT3 | 8647 WURZBACH RD SUITE G SAN ANTONIO, TX 78240 | GERBER LIFE INSURANCE COMPANY | $21K | — | $21K | 10.21% |
| BENEFIT ADV SRVCS GROUP DBA IBX3 | 1120 SANCTUARY PARKWAY SUITE 375 ALPHARETTA, GA 30009 | GERBER LIFE INSURANCE COMPANY | $2K | — | $2K | 1.01% |
| SCHAEFFER JR, FREDERICK C3 Filed as: SCHAEFFER, FREDERICK C | ESTATE PO BOX 171368 MEMPHIS, TN 381871368 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 7.11% |
| STRATEGIC FINANCIAL PARTNERS3 Filed as: STRATEGIC FINANCIAL PARTNERS L | STE 200 795 RIDGE LAKE BLVD MEMPHIS, TN 38120 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $503 | $503 | 0.75% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB AND PITTS INS LLC | 2670 UNION AVE EXT SUITE 200 MEMPHIS, TN 38112 | AETNA LIFE INSURANCE CO. | $4K | — | $4K | 18.45% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB & PITTS INS LLC | 2670 UNION AVENUE EXT STE 200 MEMPHIS, TN 381124434 | AMERITAS LIFE INSURANCE CORP | $1K | — | $1K | 10.00% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB & PITTS INS LLC | 2670 UNION AVENUE EXT SUITE 200 MEMPHIS, TN 381124434 | AMERITAS LIFE INSURANCE CORP | $927 | — | $927 | 10.00% |
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 | 424 | 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) | 424 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(2 contracts) | AMERITAS LIFE INSURANCE CORP | 156 | $20K |
| Life insurance | AETNA LIFE INSURANCE CO. | 382 | $22K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 80 | $67K |
| Stop-loss / reinsurancereinsurance | GERBER LIFE INSURANCE COMPANY | 223 | $204K |
| Other | AETNA LIFE INSURANCE CO. | 382 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 382 | — |
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."
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.