| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | ACE AMERICAN INSURANCE | $77K | $0 | $77K | 12.12% |
| COVENANT ADMINISTRATORS LLC5 | 2810 PREMIERE PARKWAY, SUITE 400 DULUTH, GA 30097 | ACE AMERICAN INSURANCE | $0 | $36K | $36K | 5.59% |
| LAKESHORE BENEFIT ALLIANCE LLC3 | 1510 SMOLIAN PLACE BIRMINGHAM, AL 35205 | ACE AMERICAN INSURANCE | $36K | — | $36K | 5.59% |
| SURETY MARKETING & CONSULTING3 | 4246 CLUB COURSE DRIVE NORTH CHARLESTON, SC 29420 | ACE AMERICAN INSURANCE | $0 | $30K | $30K | 4.66% |
| RECURO HEALTH INC3 Filed as: RECURO HEALTH, INC. | 450 NORTH FREEPORT PARKWAY SUITE 1200 COPPELL, TX 75019 | ACE AMERICAN INSURANCE | $9K | $0 | $9K | 1.36% |
| LBA SERVICE LLC5 | 1510 SMOLIAN PLACE BIRMINGHAM, AL 35205 | ACE AMERICAN INSURANCE | $6K | — | $6K | 0.93% |
| BENETIS FOR EVERYONE LLC3 | 700 37TH STREET SOUTH BIRMINGHAM, AL 35222 | ACE AMERICAN INSURANCE | $4K | $0 | $4K | 0.68% |
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | HARTFORD LIFE AND ACCIDENT | $86K | $345 | $87K | 16.53% |
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $27K | $658 | $28K | 10.24% |
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 | 773 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 32 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 810 | 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 | 706 | $3.6M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 507 | $275K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 507 | $275K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 757 | $524K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 757 | $524K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 757 | $524K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 706 | $3.0M |
| Other | HARTFORD LIFE AND ACCIDENT | 757 | $524K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 757 | — |
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.