| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LIPSCOMB & PITTS INSURANCE LLC3 | 2670 UNION AVENUE EXT STE 100 MEMPHIS, TN 381124416 | COMPANION LIFE INSURANCE COMPANY | — | $23K | $23K | 10.57% |
| IBX3 | 1919 MARKET STREET 2ND FLOOR PHILADELPHIA, PA 19103 | COMPANION LIFE INSURANCE COMPANY | — | $2K | $2K | 1.06% |
| SCHAEFFER JR, FREDERICK C3 Filed as: SCHAEFFER, FREDERICK C ESTATE | PO BOX 171368 MEMPHIS, TN 381871368 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 5.60% |
| STRATEGIC FINANCIAL PARTNERS3 Filed as: STRATEGIC FINANCIAL PARTNERS L | 949 S SHADY GROVE RD STE 300 MEMPHIS, TN 38120 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $802 | $802 | 0.75% |
| RICHARD M MCKINLEY3 | 2670 UNION AVENUE EXT SUITE 200 MEMPHIS, TN 38112 | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | — | $2K | $2K | 9.97% |
| LIPSCOMB & PITTS INSURANCE LLC3 | 2670 UNION AVENUE EXT STE 100 MEMPHIS, TN 381124416 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 19.05% |
| BENEFIT ADVISORS SERVICES GROUP LLC3 | 1125 SANCTUARY PARKWAY SUITE 300 ALPHARETTA, GA 300097614 | METROPOLITAN LIFE INSURANCE COMPANY | $199 | $20 | $219 | 1.31% |
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 | 190 | 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) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | 241 | $17K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 544 | $17K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 88 | $107K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE INSURANCE COMPANY | 241 | $213K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 544 | $17K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 544 | — |
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.