| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| S S NESBITT & CO INC3 Filed as: SS NESBITT & COMPANY, INC. | 3500 BLUE LAKE DRIVE SUITE 120 BIRMINGHAM, AL 35243 | LIBERTY MUTUAL ASSURANCE COMPANY OF BOSTON | $49K | $3K | $52K | 16.85% |
| S S NESBITT & CO INC3 Filed as: SS NESBITT & COMPANY, INC. | 3500 BLUE LAKE DRIVE SUITE 120 BIRMINGHAM, AL 35243 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $10K | $659 | $11K | 17.28% |
| S S NESBITT & CO INC3 Filed as: SS NESBITT & COMPANY, INC. | 3500 BLUE LAKE DRIVE SUITE 120 BIRMINGHAM, AL 35243 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $2K | — | $2K | 16.23% |
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 | 488 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 214 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 702 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS & BLUE SHIELD OF ALABAMA | 1,146 | $6.0M |
| Dental | BLUE CROSS & BLUE SHIELD OF ALABAMA | 1,146 | $6.0M |
| Long-term disability | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 212 | $62K |
| Prescription drug | BLUE CROSS & BLUE SHIELD OF ALABAMA | 1,146 | $6.0M |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 501 | $194K |
| Other(2 contracts, 2 carriers) | LIBERTY MUTUAL ASSURANCE COMPANY OF BOSTON | 701 | $321K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,146 | — |
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 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.