| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | LINCOLN NATIONAL LIFE INSURANCE CO | $3K | $606 | $4K | 17.89% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $1K | $1K | 6.54% |
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | LINCOLN NATIONAL LIFE INSURANCE CO | $2K | $411 | $2K | 18.27% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $846 | $846 | 6.75% |
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | LINCOLN NATIONAL LIFE INSURANCE CO | $2K | $359 | $2K | 18.04% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $783 | $783 | 6.62% |
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | SUN LIFE ASSURANCE CO OF CANADA | $887 | — | $887 | 10.01% |
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | LINCOLN NATIONAL LIFE INSURANCE CO | $627 | $131 | $758 | 18.13% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $279 | $279 | 6.67% |
| VALENT GROUP3 | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | LINCOLN NATIONAL LIFE INSURANCE CO | $544 | $120 | $664 | 18.32% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ALABAMA EIN 63-0103830 | Contract Administrator Service code 13 | 450 RIVERCHASE PKY E BIRMINGHAM, AL 35298 | $7K |
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 | 125 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 125 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD ALABAMA | 223 | $763K |
| Vision | SUN LIFE ASSURANCE CO OF CANADA | 54 | $9K |
| Life insurance(3 contracts) | LINCOLN NATIONAL LIFE INSURANCE CO | 125 | $29K |
| Short-term disability | LINCOLN NATIONAL LIFE INSURANCE CO | 54 | $12K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE CO | 47 | $13K |
| Prescription drug | BLUE CROSS BLUE SHIELD ALABAMA | 223 | $763K |
| Other(3 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD ALABAMA | 223 | $771K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 223 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.