| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SHERRILL D MORGAN & ASSOCIATES3 | 525 W. FIFTH ST., STE 310 FIFTH STREET CENTER COVINGTON, KY 41011 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 5.43% |
| HORAN ASSOCIATES INC.3 Filed as: HORAN ASSOCIATS INC. | 4990 EAST GALBRAITH ROAD STE 102 CINCINNATI, OH 45236 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $217 | $271 | $488 | 0.57% |
| HORAN ASSOCIATES INC.3 | 4990 E. GALBRAITH ROAD STE 102 CINCINNATI, OH 45236 | DELTA DENTAL OF KENTUCKY | $4K | — | $4K | 4.99% |
| SHERRILL D MORGAN & ASSOCIATES3 Filed as: SHERRILL D MORGAN & ASSOCIATES INC. | 525 W FIFTH ST., STE 310 COVINGTON, KY 41011 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 11.36% |
| HORAN ASSOCIATES INC.3 | 4990 E. GALBRAITH ROAD, SUITE 102 CINCINNATI, OH 45236 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $867 | — | $867 | 3.64% |
| SHERRILL D MORGAN & ASSOCIATES3 Filed as: SHERRILL D. MORGAN & ASSOCIATES | 525 W. FIFTH ST., STE 310 COVINGTON, KY 41011 | ANTHEM HEALTH PLANS OF KENTUCKY INC. | $1K | — | $1K | 8.14% |
| BUSINESS INSURANCE AGENCY3 Filed as: BUSINESS BENEFITS INC. | 211 GRANDVIEW, SUITE 204 FT. MITCHELL, KY 41017 | ANTHEM HEALTH PLANS OF KENTUCKY INC. | $99 | — | $99 | 0.65% |
| SHERRILL D MORGAN & ASSOCIATES3 Filed as: SHERRILL D MORGAN & ASSOCIATES INC. | 525 W FIFTH ST., SUITE 310 COVINGTON, KY 41011 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 8.74% |
| HORAN ASSOCIATES INC.3 | 4990 E. GALBRAITH ROAD STE 102 CINCINNATI, OH 45236 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $299 | — | $299 | 2.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MEDICAL BENEFITS ADMINISRATORS EIN 31-1249371 CONTRACT | Plan Administrator Service code 14 | — | $49K |
| SHERRILL D MORGAN AGENCY EIN 61-1008329 BROKER | Insurance agents and brokers Service code 22 | — | $39K |
| PAYER COMPASS EIN 46-2047081 CONTRACT | Other fees Service code 99 | — | $18K |
| MEDICAL BENEFITS MUTUAL LIFE INS EIN 31-4210910 CONTRACT | Plan Administrator Service code 14 | — | $4K |
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 | 173 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 173 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF KENTUCKY | 234 | $73K |
| Vision | ANTHEM HEALTH PLANS OF KENTUCKY INC. | 124 | $15K |
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 173 | $39K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 82 | $85K |
| Stop-loss / reinsurancereinsurance | AMERICAN NATIONAL/BARDON | 133 | $234K |
| Other(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 173 | $39K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 234 | — |
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."
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.