| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HILB GROUP OF NEW ENGLAND3 Filed as: HILB GROUP OF NEW ENGLAND LLC | 30 BRAINTREE HILL OFFICE PARK, #203 BRAINTREE, MA 02184 | HCC LIFE INSURANCE COMPANY | $12K | — | $12K | 7.37% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: HIB GROUP OF NEW ENGLAND | 30 BRAINTREE HILL OFFICE PARK, #203 BRAINTREE, MA 02184 | BOSTON MUTUAL LIFE INSURANCE COMPANY | $2K | — | $2K | 9.22% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD EIN 63-0103830 | Contract Administrator; Claims processing Service code 12 | 450 RIVERCHASE PKWY E BIRMINGHAM, AL 35244 | $216K |
| SOUTHERN BENEFIT ADMINISTRATOR, INC EIN 62-1116095 | Actuarial; Claims processing; Contract Administrator Service code 11 | P O BOX 1449 GOODLETTSVILLE, TN 37070 | $84K |
| BHA CONSULTANT EIN 26-1384808 | Consulting (general) Service code 16 | 5400 LAUREL SPRINGS PKW SUWANEE, GA 30024 | $36K |
| RX BENEFITS EIN 63-1157085 | Claims processing Service code 12 | 3700 COLONNADE PKWY, 600 BIRMINGHAM, AL 35243 | $31K |
| PNC ASSET MANAGEMENT EIN 22-1146430 | Investment management fees paid directly by plan; Investment management; Investment advisory (plan) Service code 27 | 1819 FIFTH AVE N, 9TH FL BIRMINGHAM, AL 35203 | $16K |
| QUINN CONNOR WEAVER DAVIES & ROUCO EIN 45-1444874 | Legal Service code 29 | TWO 20TH ST N, STE 930 BIRMINGHAM, AL 35203 | $16K |
| POTTER, BRYANT & MOORE EIN 63-0966970 | Accounting (including auditing) Service code 10 | 234 ACQUARIUS DR, STE 109 BIRMINGHAM, AL 35209 | $14K |
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 | 238 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 243 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | BOSTON MUTUAL LIFE INSURANCE COMPANY | 297 | $18K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 239 | $161K |
| Other | BOSTON MUTUAL LIFE INSURANCE COMPANY | 297 | $18K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 297 | — |
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.
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.