| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PMG BENEFITS CONSULTING, LLC3 Filed as: PMG BENEFITS CONSULTING | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | HUMANA INSURANCE COMPANY | $19K | — | $19K | 3.59% |
| HIGGINBOTHAM INS AGENCY INC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | HUMANA INSURANCE COMPANY | $8K | — | $8K | 1.54% |
| PMG BENEFITS CONSULTING, LLC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $998 | — | $998 | 10.67% |
| HIGGINBOTHAM INS AGENCY INC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $404 | — | $404 | 4.32% |
| PMG BENEFITS CONSULTING, LLC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $856 | — | $856 | 9.54% |
| HIGGINBOTHAM INS AGENCY INC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $489 | — | $489 | 5.45% |
| PMG BENEFITS CONSULTING, LLC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $708 | — | $708 | 9.00% |
| HIGGINBOTHAM INS AGENCY INC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $473 | — | $473 | 6.01% |
| PMG BENEFITS CONSULTING, LLC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $681 | — | $681 | 10.21% |
| HIGGINBOTHAM INS AGENCY INC3 | 620 MABRY HOOD RD STE 201 KNOXVILLE, TN 37932 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $319 | — | $319 | 4.78% |
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 | 138 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 138 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA INSURANCE COMPANY | 116 | $520K |
| Dental | HUMANA INSURANCE COMPANY | 116 | $520K |
| Vision | HUMANA INSURANCE COMPANY | 116 | $520K |
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 138 | $17K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 39 | $9K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 49 | $7K |
| Other(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 138 | $17K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 138 | — |
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.