| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURANCE APPLICATIONS GROUP3 | UNKNOWN BIRMINGHAM, AL 35243 | BCS INSURANCE COMPANY | $142K | $0 | $142K | 20.15% |
| PLANNED ADMINISTRATORS, INC.3 | UNKNOWN BIRMINGHAM, AL 35243 | BCS INSURANCE COMPANY | $0 | $102K | $102K | 14.50% |
| ABLE BENEFIT SOLUTIONS3 | PO BOX 11407, DEPARTMENT 2142 BIRMINGHAM, AL 35246 | USABLE LIFE | $10K | $0 | $10K | 15.00% |
| INSURANCE APPLICATIONS GROUP3 | UNKNOWN BIRMINGHAM, AL 35243 | 4 EVER LIFE INSURANCE COMPANY | $14K | $0 | $14K | 23.00% |
| PLANNED ADMINISTRATORS, INC.3 | UNKNOWN BIRMINGHAM, AL 35243 | 4 EVER LIFE INSURANCE COMPANY | $0 | $9K | $9K | 14.50% |
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 | 205 | 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) | 205 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 605 | $2.0M |
| Dental(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 605 | $2.0M |
| Vision(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 605 | $2.0M |
| Life insurance(2 contracts, 2 carriers) | USABLE LIFE | 449 | $124K |
| Short-term disability | 4 EVER LIFE INSURANCE COMPANY | 449 | $60K |
| Long-term disability | USABLE LIFE | 205 | $63K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 605 | $2.0M |
| Other | USABLE LIFE | 205 | $63K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 605 | — |
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.