| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $15K | — | $15K | 12.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $7K | $3K | $10K | 10.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $7K | — | $7K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $2K | $7K | 10.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | $1K | $5K | 10.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | — | $4K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $1K | $5K | 10.50% |
| 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 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $10K | $1K | $12K | 43.03% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 16.54% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $524 | $3K | 12.06% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $653 | $2K | 10.50% |
| RBH INSURE3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 7.50% |
| VALENTINE INSURANCE SERVICES, LLC3 Filed as: VALENTINE INSURANCE SERVICES | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $802 | $5K | 45.16% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 16.38% |
| VALENTINE INSURANCE SERVICES, LLC3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $797 | $5K | 45.27% |
| RBH INSURE3 | 825 VALLEYBROOK DR STE 101 MEMPHIS, TN 381202767 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 16.40% |
| VALENTINE INSURANCE SERVICES, LLC3 Filed as: VALENTINE INSURANCE SERVICES LLC | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $192 | $2K | 16.88% |
| VALENTINE INSURANCE SERVICES, LLC3 | 555 PERKINS EXT STE 330 MEMPHIS, TN 38117 | METROPOLITAN GENERAL INSURANCE COMPANY | $918 | — | $918 | 9.32% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUCENT HEALTH SOLUTIONS, LLC EIN 39-1997579 ADMIN | Contract Administrator Service code 13 | 1826 ELM HILL PIKE NASHVILLE, TN 37210 | $97K |
| VALENTINE INSURANCE SERVICES EIN 83-0923712 BROKER FEE | Insurance agents and brokers Service code 22 | 555 PERKINS EXT, STE. 330 MEMPHIS, TN 38117 | $84K |
| MULITPLAN INC. EIN 13-3068979 HST FEE | Other fees Service code 99 | PO BOX 29372 NEW YORK, NY 10087 | $61K |
| NARUS HEALTH INC. - CONCIERGE EIN 47-1929604 NARUS FEE | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $22K |
| NARUS HEALTH INC. - CORE SERVICE EIN 47-1929604 NARUS FEE | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $15K |
| NARUS HEALTH INC. EIN 47-1929604 U/R | Other fees Service code 99 | 424 CHURCH ST., STE 2300 NASHVILLE, TN 37219 | $13K |
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 | 461 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 461 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 113 | $50K |
| Dental | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 244 | $123K |
| Vision | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 227 | $25K |
| Life insurance(4 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 431 | $174K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 157 | $70K |
| Other(2 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 158 | $56K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 431 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.