| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC3 Filed as: LABOR FIRST, LLC | 3000 MID ATLANTIC DR. SUITE 101 MT. LAUREL, NJ 08054 | HUMANA INSURANCE COMPANY | $57K | — | $57K | 5.83% |
| HILB GROUP OF NEW ENGLAND3 Filed as: HILB GROUP OF NEW ENGLAND LLC | 30 BRAINTREE HILL OFFICE PARK BRAINTREE, MA 02184 | HCC LIFE INSURANCE COMPANY | $16K | — | $16K | 2.90% |
| MICHAEL C WALKER3 Filed as: MICHAEL D. ALLEN | — | AMERICAN UNITED LIFE INSURANCE CO. | $5K | — | $5K | 20.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF TN NONE | Float revenue; Claims processing; Non-monetary compensation; Direct payment from the plan; Named fiduciary; Participant communication; Other services; Contract Administrator Service code 12 | 3200 WEST END AVE 102 NASHVILLE, TN 37203 | $362K |
| SOUTHERN BENEFIT ADMINISTRATORS, IN EIN 62-1116095 NONE | Plan Administrator; Consulting (general) Service code 14 | P.O. BOX 1449 GOODLETTSVILLE, TN 370701449 | $264K |
| STRATEGIC CAPITAL INVESTMENT ADVISO NONE | Investment advisory (plan) Service code 27 | 700 E. BUTTERFIELD 320 LOMBARD, IL 60148 | $20K |
| DANIELS IRWIN & AYLOR EIN 62-1802605 NONE | Accounting (including auditing) Service code 10 | 223 MADISON ST SUITE 112 MADISON, TN 37115 | $14K |
| GODWIN MORRIS LAURENZI BLOOMFIELD EIN 62-1371542 NONE | Legal Service code 29 | 50 N FRONT ST 800 MEMPHIS, TN 38103 | $12K |
| OSBORN CARREIRO & ASSOCIATES EIN 71-0631123 NONE | Actuarial Service code 11 | 124 WEST CAPITOL AVE 1690 LITTLE ROCK, AR 72201 | $6K |
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 | 701 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 320 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,021 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | AMERICAN UNITED LIFE INSURANCE CO. | 698 | $24K |
| Prescription drug | HUMANA INSURANCE COMPANY | 353 | $973K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 775 | $537K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 775 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.