| 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 352460100 | RELIASTAR LIFE INSURANCE COMPANY | $42K | $0 | $42K | 9.00% |
| JOHN M NIBLETT3 | 375 RIVERCHASE PKWY E BIRMINGHAM, AL 352441814 | RELIASTAR LIFE INSURANCE COMPANY | $19K | $0 | $19K | 4.00% |
| BRADFORD DILLION3 | 2 RIVERCHASE RDG STE 200 BIRMINGHAM, AL 352442892 | RELIASTAR LIFE INSURANCE COMPANY | $5K | $0 | $5K | 1.00% |
| DAVID E. PLATT3 Filed as: DAVID E PLATT | 3700 MONTEVALLO RD S MOUNTAIN BROOK, AL 352134208 | RELIASTAR LIFE INSURANCE COMPANY | $5K | $0 | $5K | 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 | 955 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 331 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,286 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 2,997 | $463K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,997 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.