| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MFB FINANCIAL INC3 Filed as: MFB FINANCIAL, INC | 1200 PLANTATION ISLAND DRIVE S STE SAINT AUGUSTINE, FL 32080 | BLUE CROSS BLUE SHIELD OF FLORIDA | $92K | — | $92K | 6.00% |
| MFB FINANCIAL DBA THE BAILEY GROUP3 | 1200 PLANTATION ISLAND DRIVE S STE SAINT AUGUSTINE, FL 32080 | SUN LIFE ASSURANCE COMPANY OF CANADA | $21K | — | $21K | 20.00% |
| NFP INSURANCE SERVICES INC3 | 1250 S CAPITAL OF TEXAS HWY #2-125 AUSTIN, TX 78746 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | $257 | $257 | 0.25% |
| MARK BAILEY3 | 1200 PLANTATION ISLAND DR S STE 210 SAINT AUGUSTINE, FL 32080 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | — | $12K | 13.60% |
| MFB FINANCIAL INC3 | 1200 PLANTATION ISLAND S STE 210 SAINT AUGUSTINE, FL 32080 | GUARDIAN | $2K | — | $2K | 20.00% |
| NORTH FLORIDA FINANCIAL CORPOR3 | 3664 COOLIDGE COURT TALLAHASSEE, FL 32311 | GUARDIAN | $24 | — | $24 | 0.20% |
| DAVIS ALLEN AGENCY INC3 Filed as: DAVIS-ROUSSEL TALLAHASSEE LLC | 3664 COOLIDGE COURT TALLAHASSEE, FL 32311 | GUARDIAN | $12 | — | $12 | 0.10% |
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 | 178 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 178 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF FLORIDA | 140 | $1.5M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 467 | $91K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 467 | $91K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 105 | $104K |
| Short-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 105 | $116K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 105 | $104K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF FLORIDA | 140 | $1.5M |
| Other | GUARDIAN | 46 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 467 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.