| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LAKESHORE BENEFIT ALLIANCE LLC3 Filed as: LAKESHORE BENEFIT ALLIANCE, LLC | 414 MEADOWBROOK LANE BIRMINGHAM, AL 35213 | NATIONWIDE INSURANCE | $32K | — | $32K | 17.75% |
| GILSBAR, LLC3 Filed as: GILSBAR LLC | PO BOX 998 COVINGTON, LA 70434 | NATIONWIDE INSURANCE | — | $13K | $13K | 6.90% |
| LAKESHORE BENEFIT ALLIANCE LLC3 | 600 LUCKIE DRIVE SUITE 315 BIRMINGHAM, AL 35223 | GUARDIAN | $10K | $5K | $15K | 8.27% |
| MB FINANCIAL SERVICES INC3 Filed as: MB FINANCIAL SERVICES | 800 MARTIN STREET PELL CITY, AL 35128 | GUARDIAN | $9K | — | $9K | 5.18% |
| RICHARD K. HOLMES3 Filed as: RICHARD K HOLMES | 414 MEADOWBROOK LANE BIRMINGHAM, AL 35213 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $424 | — | $424 | 5.01% |
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 | 161 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 163 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ALABAMA | 177 | $222K |
| Dental | GUARDIAN | 154 | $181K |
| Vision | GUARDIAN | 154 | $181K |
| Life insurance(2 contracts, 2 carriers) | NATIONWIDE INSURANCE | 154 | $364K |
| Long-term disability | GUARDIAN | 154 | $181K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF ALABAMA | 177 | $222K |
| Other(3 contracts, 3 carriers) | BLUE CROSS BLUE SHIELD OF ALABAMA | 177 | $412K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 177 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.