| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| OPTAVISE, LLC4 Filed as: OPTAVISE LLC | 120 18TH ST S STE 102 BIRMINGHAM, AL 35233 | SUN LIFE ASSURANCE COMPANY OF CANADA | $64K | — | $64K | 36.00% |
| BLUE CROSS BLUE SHIELD OF FLORIDA Filed as: BLUE CROSS & BLUE SHIELD OF ALABAMA | 450 RIVERCHASE PKWY E HOOVER, AL 352442858 | VISION SERVICE PLAN | $404 | — | $404 | 4.28% |
| VALENT GROUP4 Filed as: VALENT GROUP LLC | 3500 BLUE LAKE DR #120 BIRMINGHAM, AL 35243 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | — | $2K | 40.72% |
| BLUE CROSS BLUE SHIELD OF FLORIDA Filed as: BLUE CROSS & BLUE SHIELD OF ALABAMA | 450 RIVERCHASE PKWY E HOOVER, AL 352442858 | VISION SERVICE PLAN | $2K | — | $2K | 82.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF ALABA EIN 63-0103830 | Other services; Contract Administrator Service code 13 | 450 RIVERCHASE PARKWAY EAST BIRMINGHAM, AL 352980001 | $493K |
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 | 812 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 812 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(2 contracts) | VISION SERVICE PLAN | 325 | $11K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 679 | $5K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 679 | $5K |
| Other(2 contracts) | SUN LIFE ASSURANCE COMPANY OF CANADA | 973 | $184K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 973 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.