| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $11K | $7K | $18K | 19.49% |
| NORMAN WILKINS3 Filed as: NORMAN C. WILKINS | 405 COALMONT ROAD HELENA, AL 35080 | AFLAC | $4K | $228 | $4K | 9.24% |
| REID ALFORD3 Filed as: REID W. ALFORD | 300 CAHABA PARK CIRCLE, SUITE 133 BIRMINGHAM, AL 35242 | AFLAC | $2K | $46 | $2K | 3.34% |
| MFK & ASSOCIATES INC3 Filed as: MFK AND ASSOCIATES AND OTHER AGENTS | 300 CAHABA PARK CIRCLE, SUITE 133 BIRMINGHAM, AL 35242 | AFLAC | $817 | $24 | $841 | 1.76% |
| SAIC INC3 Filed as: SAIC, INC. | 1639 BRADLEY PARK DRIVE, SUITE 500 COLUMBUS, GA 31904 | AFLAC | $656 | $0 | $656 | 1.37% |
| CHRISTOPHER W GRAHAM3 Filed as: CHRISTOPHER W. GRAHAM | 2 CHASE CORPORATE DRIVE, SUITE 140 HOOVER, AL 35244 | AFLAC | $426 | $46 | $472 | 0.99% |
| JOHN B YARBOROUGH3 Filed as: JOHN B. YARBOROUGH | 1113 MOUNTAIN OAKS DRIVE HOOVER, AL 35226 | AFLAC | $366 | $0 | $366 | 0.77% |
| BIG RED BENEFITS, LLC3 | 762 DOWNTOWNER LOOP WEST SUITE 202 MOBILE, AL 36609 | AFLAC | $197 | $19 | $216 | 0.45% |
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | VISION SERVICE PLAN | $2K | $0 | $2K | 9.99% |
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | MDLIVE | $501 | $0 | $501 | 23.50% |
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 | 194 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 200 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 231 | $1.3M |
| Dental | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 231 | $1.3M |
| Vision(2 contracts, 2 carriers) | AFLAC | 125 | $65K |
| Life insurance(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 193 | $140K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 193 | $92K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 231 | $1.3M |
| Other(4 contracts, 4 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 193 | $147K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 231 | — |
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.