| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RXBENEFITS, INC.4 | 3700 COLONNADE PKWY, STE 600 BIRMINGHAM, AL 35243 | RXBENEFITS, INC. | — | $3K | $3K | 0.68% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | $3K | $7K | 25.53% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | $2K | $6K | 25.36% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | VISION SERVICE PLAN | $2K | — | $2K | 10.00% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | $2K | $4K | 26.94% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | MDLIVE, INC. | $1K | — | $1K | 21.72% |
| VALENT GROUP3 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR., STE 120 BIRMINGHAM, AL 352431909 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $329 | $226 | $555 | 25.28% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ALABAMA EIN 63-0103830 SERVICE PROVIDER | Contract Administrator; Other fees Service code 13 | P.O. BOX 995 BIRMINGHAM, AL 352980001 | $182K |
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 | 499 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 499 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MDLIVE, INC. | 182 | $7K |
| Vision | VISION SERVICE PLAN | 160 | $21K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 259 | $27K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 93 | $13K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 259 | $22K |
| Prescription drug | RXBENEFITS, INC. | 186 | $500K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 184 | $180K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 259 | $2K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.