| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP INSURANCE SERVICES INC3 Filed as: GROUP INSURANCE SERVICES, INC | 1 CAMERON HILL CIRCLE 2.5 CHATTANOOGA, TN 37402 | USABLE LIFE | $5K | — | $5K | 13.00% |
| CORPORATE INSURANCE GROUP3 | OF EAST TENNESSEE 508 PRINCETON RD STE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $3K | — | $3K | 8.87% |
| HANES TORBETT3 | 508 PRINCETON RD SUITE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $2K | — | $2K | 6.13% |
| GROUP INSURANCE SERVICES INC3 Filed as: GROUP INSURANCE SERVICES, INC | 1 CAMERON HILL CIRCLE 2.5 CHATTANOOGA, TN 37402 | USABLE LIFE | $2K | — | $2K | 8.53% |
| CORPORATE INSURANCE GROUP3 | OF EAST TENNESSEE 508 PRINCETON RD STE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $2K | — | $2K | 6.03% |
| HANES TORBETT3 | 508 PRINCETON RD SUITE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $1K | — | $1K | 3.97% |
| GROUP INSURANCE SERVICES INC3 Filed as: GROUP INSURANCE SERVICES, INC | 1 CAMERON HILL CIRCLE 2.5 CHATTANOOGA, TN 37402 | USABLE LIFE | $617 | — | $617 | 13.01% |
| CORPORATE INSURANCE GROUP3 | OF EAST TENNESSEE 508 PRINCETON RD STE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $423 | — | $423 | 8.92% |
| HANES TORBETT3 | 508 PRINCETON RD SUITE 102 JOHNSON CITY, TN 37601 | USABLE LIFE | $288 | — | $288 | 6.07% |
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 | 209 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 209 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(3 contracts) | USABLE LIFE | 270 | $65K |
| Other(3 contracts) | USABLE LIFE | 270 | $65K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 270 | — |
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.