| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABLE BENEFIT SOLUTIONS3 Filed as: ABLE BENEFITS SOLUTIONS | PO BOX 114078 DEPT 2142 BIRMINGHAM, AL 35246 | THE HARTFORD | $21K | — | $21K | 15.00% |
| ABLE BENEFIT SOLUTIONS3 Filed as: ABLE BENEFITS SOLUTION | PO BOX 11407 DEPT 2142 BIRMINGHAM, AL 35246 | ABLE BENEFITS SOLUTION | $15K | — | $15K | 15.00% |
| JOSEPH M. KELLEY3 | 2700 HIGHWAY 280 S STE 206W MOUNTAIN BROOK, AL 35223 | VISION SERVICE PLAN | $7K | — | $7K | 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 | 517 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 517 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ALABAMA | 1,114 | $5.0M |
| Dental | BLUE CROSS BLUE SHIELD OF ALABAMA | 1,114 | $286K |
| Vision | VISION SERVICE PLAN | 399 | $69K |
| Life insurance | THE HARTFORD | 569 | $140K |
| Long-term disability | ABLE BENEFITS SOLUTION | 517 | $102K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,114 | — |
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.