| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BUDDY SMITH3 | UNKNOWN ELIZABETHTOWN, KY 42701 | BAPTIST HEALTH PLAN | $47K | — | $47K | 4.98% |
| BOYCE AND ASSOCIATES, INC.3 | 212 OVERLOOK CIRCLE, SUITE 106 BRENTWOOOD, TN 37027 | DELTA DENTAL OF KENTUCKY | $14K | — | $14K | 9.98% |
| BOYCE AND ASSOCIATES, INC.3 | 1400 LILLIE COURT FRANKLIN, TN 37067 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $13K | $2K | $15K | 14.20% |
| BOYCE AND ASSOCIATES, INC.3 | 212 OVERLOOK CIRCLE, SUITE 106 BRENTWOOD, TN 37027 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $4K | — | $4K | 10.21% |
| PLAN CHOICE3 | 13257 O'BANNON STATION WAY LOUISVILLE, KY 40223 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 3.06% |
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 | 581 | 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) | 581 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BAPTIST HEALTH PLAN | 186 | $950K |
| Dental | DELTA DENTAL OF KENTUCKY | 527 | $137K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 479 | $38K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 581 | $104K |
| Prescription drug | BAPTIST HEALTH PLAN | 186 | $950K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 581 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 581 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.