| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PLANNED ADMINISTRATORS, INC.5 Filed as: PLANNED ADMINISTRATORS INC | 17 TECHNOLOGY CIRCLE, STE E2AG COLUMBIA, SC 29203 | BCS INSURANCE COMPANY | — | $16K | $16K | 15.67% |
| INSURANCE APPLICATIONS GROUP3 Filed as: INSURANCE APPLICATIONS GROUP INC | 220 N MAIN ST GREENVILLE, SC 29601 | BCS INSURANCE COMPANY | $8K | — | $8K | 7.53% |
| PLANNED ADMINISTRATORS, INC.5 Filed as: PLANNED ADMINISTRATORS INC | 17 TECHNOLOGY CIRCLE, STE E2AG COLUMBIA, SC 29203 | 4 EVER LIFE INSURANCE CO | — | $762 | $762 | 15.66% |
| INSURANCE APPLICATIONS GROUP3 Filed as: INSURANCE APPLICATIONS GROUP INC | 220 N MAIN ST GREENVILLE, SC 29201 | 4 EVER LIFE INSURANCE CO | $423 | — | $423 | 8.69% |
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 | 124 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 124 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BCS INSURANCE COMPANY | 124 | $108K |
| Dental(2 contracts, 2 carriers) | BCS INSURANCE COMPANY | 124 | $108K |
| Vision(2 contracts, 2 carriers) | BCS INSURANCE COMPANY | 124 | $108K |
| Life insurance | 4 EVER LIFE INSURANCE CO | 48 | $5K |
| Short-term disability | 4 EVER LIFE INSURANCE CO | 48 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 124 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.