| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MJ INSURANCE3 Filed as: VARIOUS AGENTS-SEE ATTACHMENT | PO BOX 1365 COLUMBIA, SC 292021365 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $5K | $347 | $5K | 7.58% |
| JAMES G GEDDINGS3 Filed as: JAMES GORDON GEDDINGS | 1837 CORNER ROAD WARRRIOR, AL 35180 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 5.27% |
| DONALD KEITH CLOWERS3 | 441 ONEAL DRIVE HOOVER, AL 35226 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 3.04% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62689 VIRGINIA BEACH, VA 23466 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 2.23% |
| JAMES G GEDDINGS3 Filed as: JAMES GORDON GEDDINGS | 1837 CORNER ROAD WARRIOR, AL 351802644 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 14.62% |
| DONALD KEITH CLOWERS3 | 441 O'NEAL DRIVE HOOVER, AL 35226 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $726 | — | $726 | 24.60% |
| JAMES G GEDDINGS3 Filed as: JAMES GORDON GEDDINGS | 1837 CORNER ROAD WARRIOR, AL 351802644 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $289 | — | $289 | 9.79% |
| USI INSURANCE SERVICES LLC3 | 1000 URBAN CENTER DRIVE SUITE 625 BIRMINGHAM, AL 35242 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $141 | — | $141 | 4.78% |
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 | 126 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 128 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 285 | $1.7M |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 83 | $3K |
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 303 | $80K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 285 | $1.7M |
| Other | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 90 | $70K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 303 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.