| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE SUITE 120 BIRMINGHAM, AL 35243 | ACE AMERICAN INSURANCE | $91K | $0 | $91K | 13.84% |
| COVENANT ADMINISTRATORS LLC5 Filed as: COVENANT ADMINISTRATORS, LLC | 2810 PREMIERE PARKWAY, SUITE 400 DULUTH, GA 30097 | ACE AMERICAN INSURANCE | $0 | $42K | $42K | 6.39% |
| LAKESHORE BENEFIT ALLIANCE LLC3 Filed as: LAKESHORE BENEFIT ALLIANCE, LLC | 1510 SMOLIAN PLACE BIRMINGHAM, AL 35205 | ACE AMERICAN INSURANCE | $42K | — | $42K | 6.39% |
| SURETY MARKETING & CONSULTING3 | 4246 CLUB COURSE DRIVE NORTH CHARLESTON, SC 29420 | ACE AMERICAN INSURANCE | $0 | $35K | $35K | 5.32% |
| RECURO HEALTH INC3 Filed as: RECURO HEALTH, INC. | 309 NORTH WASHINGTON AVENUE SUITE 13 BRYAN, TX 77803 | ACE AMERICAN INSURANCE | $10K | $0 | $10K | 1.57% |
| LBA SERVICE LLC5 Filed as: LBA SERVICE, LLC | 1510 SMOLIAN PLACE BIRMINGHAM, AL 35205 | ACE AMERICAN INSURANCE | $7K | — | $7K | 1.06% |
| BENEFITS FOR EVERYONE5 | 700 37TH STREET SOUTH BIRMINGHAM, AL 35222 | ACE AMERICAN INSURANCE | $5K | $0 | $5K | 0.79% |
| IMA, INC.3 | 3500 BLUE LAKE DRIVE, SUITE 120 BIRMINGHAM, AL 35243 | HARTFORD LIFE AND ACCIDENT | $87K | $3K | $90K | 16.51% |
| VALENT GROUP3 Filed as: VALENT GROUP, LLC | 3500 BLUE LAKE DRIVE SUITE 120 BIRMINGHAM, AL 35243 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $31K | $0 | $31K | 10.00% |
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 | 817 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 74 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 896 | 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 | 746 | $4.2M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 526 | $311K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 526 | $311K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 825 | $545K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 825 | $545K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 825 | $545K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 746 | $3.6M |
| Other | HARTFORD LIFE AND ACCIDENT | 825 | $545K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 825 | — |
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.