| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABLE BENEFIT SOLUTIONS3 Filed as: ABLE BENEFIT SOLUTIONS INC. | P.O. BOX 11407 DEPT #2142 BIRMINGHAM, AL 35246 | USABLE LIFE | $507 | — | $507 | 10.00% |
| SONIA POWELL3 | 2015 JOHN D ODOM RD DOTHAN, AL 36303 | USABLE LIFE | $129 | — | $129 | 2.54% |
| TROY MAXWELL3 | C/O BCBS OF ALABAMA 3320 SKYWAY DRIVE, SUITE 601 OPELIKA, AL 36801 | USABLE LIFE | $51 | — | $51 | 1.01% |
| BRENDA ADKINSON BARNES3 | 822 BOAT LANDING ROAD GORDON, AL 36343 | USABLE LIFE | $23 | — | $23 | 0.45% |
| BRADFORD DILLION3 | 3556 KINGSHILL RD MOUNTAIN BRK, AL 35223 | USABLE LIFE | $20 | — | $20 | 0.39% |
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 | 156 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | USABLE LIFE | 156 | $5K |
| Other | USABLE LIFE | 156 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 156 | — |
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.