| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $15K | — | $15K | 12.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | $4K | $12K | 11.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | — | $8K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $3K | $8K | 11.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $2K | $5K | 11.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 Filed as: VALENTINE INSURANCE SERVICES LLC | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $2K | $5K | 11.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $6K | $1K | $7K | 22.88% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 7.87% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | METROPOLITAN LIFE INSURANCE COMPANY | — | $186 | $186 | 0.61% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $972 | $3K | 11.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $583 | $3K | 22.38% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $981 | — | $981 | 7.64% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | METROPOLITAN LIFE INSURANCE COMPANY | — | $67 | $67 | 0.52% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $554 | $3K | 25.31% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | — | $1K | 8.92% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | METROPOLITAN LIFE INSURANCE COMPANY | — | $76 | $76 | 0.62% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN GENERAL INSURANCE COMPANY | $878 | $159 | $1K | 10.53% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 38120 | METROPOLITAN GENERAL INSURANCE COMPANY | $80 | — | $80 | 0.81% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUCENT HEALTH SOLUTIONS, LLC EIN 39-1997579 ADMIN | Contract Administrator Service code 13 | 1826 ELM HILL PIKE NASHVILLE, TN 37210 | $102K |
| VALENTINE INSURANCE SERVICES EIN 83-0923712 BROKER FEE | Insurance agents and brokers Service code 22 | 555 PERKINS EXT, STE. 330 MEMPHIS, TN 38117 | $87K |
| MULITPLAN INC. EIN 13-3068979 HST FEE | Other fees Service code 99 | PO BOX 29372 NEW YORK, NY 10087 | $64K |
| NARUS HEALTH INC. - CONCIERGE EIN 47-1929604 NARUS FEE | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $23K |
| NARUS HEALTH INC. - CORE SERVICE EIN 47-1929604 NARUS FEE | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $16K |
| NARUS HEALTH INC. EIN 47-1929604 U/R | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $14K |
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 | 451 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 451 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 110 | $56K |
| Dental | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 245 | $119K |
| Vision | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 221 | $25K |
| Life insurance(3 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 451 | $170K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 161 | $69K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE INS CO | 451 | $487K |
| Other(2 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 152 | $51K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 451 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.