| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABLE BENEFIT SOLUTIONS3 Filed as: ABLE BENEFIT SOLUTIONS INC. | PO BOX 11407 DEPT # 2142 BIRMINGHAM, AL 35246 | RELIASTAR LIFE INSURANCE COMPANY | $2K | — | $2K | 5.26% |
| JAMES D LANCASTER3 | 101 TWIN OAK DR FLORENCE, AL 35633 | RELIASTAR LIFE INSURANCE COMPANY | $2K | — | $2K | 4.00% |
| BRADFORD DILLION3 | 2 RIVERCHASE RDG STE 200 BIRMINGHAM, AL 35244 | RELIASTAR LIFE INSURANCE COMPANY | $426 | — | $426 | 1.00% |
| JAMES M WATKINS3 | 1935 RED OAK LN NE ARAB, AL 35016 | RELIASTAR LIFE INSURANCE COMPANY | $426 | — | $426 | 1.00% |
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 | 457 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 457 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 457 | $43K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 457 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.