| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRED SCHAEFFER3 Filed as: FRED C SCHAEFFER | 949 SHADY GROVE RD S STE 300 MEMPHIS, TN 38120 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $5K | $5K | 1.01% |
| FREDERICK C SCHAEFFER3 Filed as: FREDERICK SCHAEFFER | 949 SHADY GROVE RD S STE 300 MEMPHIS, TN 381204118 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 8.38% |
| STRATEGIC FINANCIAL PARTNERS3 | D/B/A SFP BENEFITS LLC 949 SHADY GROVE RD S STE 300 MEMPHIS, TN 381204118 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 8.38% |
| STRATEGIC FINANCIAL PARTNERS3 | D/B/A SFP BENEFITS LLC 949 SHADY GROVE RD S STE 300 MEMPHIS, TN 381204118 | METROPOLITAN LIFE INSURANCE COMPANY | $375 | — | $375 | 0.61% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $125 | $50 | $175 | 0.29% |
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 | 113 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 114 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 160 | $509K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 160 | $509K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 160 | $509K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 145 | $61K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 145 | $61K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 145 | $61K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 145 | $61K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 160 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.