| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT CONTROLS OF THE MIDLANDS3 Filed as: BENEFIT CONTROLS OF SC, INC. | 109 LAURENS ROAD, BLDG 3 PO BOX 6608 GREENVILLE, SC 29607 | PRINCIPAL LIFE INSURANCE COMPANY | $13K | $0 | $13K | 14.98% |
| BENEFIT CONTROLS OF THE MIDLANDS3 Filed as: BENEFIT CONTROLS OF SC. INC. | 109 LAURENS ROAD GREENVILLE, SC 29607 | DELTA DENTAL OF MISSOURI | $6K | $0 | $6K | 9.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC EIN 36-3086057 ADMINISTRATOR | Contract Administrator Service code 13 | — | $71K |
| CIGNA EIN 59-1031071 PPO | Insurance services Service code 23 | — | $20K |
| BENEFIT CONTROLS OF SC, INC. EIN 57-0807710 CONSULTANT | Insurance agents and brokers; Consulting (general) Service code 16 | — | $11K |
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 | 180 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 180 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF MISSOURI | 187 | $69K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $88K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $88K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $88K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
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.