| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIAM E MOORE & ASSOCIATES Filed as: WILLIAM E. MOORE & ASS. INS. AGENCY | 2545 SKY PARK RD FLORENCE, AL 35634 | DEARBORN NATIONAL LIFE INSURANCE | $24K | — | $24K | 12.46% |
| JOHN M CRUICKSHANK Filed as: JOHN CRUICKSHANK | 396 BROOKHAVEN LN SUNRISE BEACH, MO 65079 | DEARBORN NATIONAL LIFE INSURANCE | $11K | — | $11K | 5.54% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERRILL LYNCH EIN 13-5674085 INVESTMENT MANAGER | Investment management; Investment management fees paid directly by plan Service code 28 | 1500 AMERICAN BLVD. NJ2-150-01-13 PENNINGTON, NJ 96294 | $103K |
| BELLOWS ASSOCIATES, P.A. EIN 65-0804414 AUDITOR | Direct payment from the plan; Accounting (including auditing) Service code 10 | 7890 PETERS ROAD G-102 PLANTATION, FL 33324 | $61K |
| TEENA MILLER EIN 63-6065827 EMPLOYEE | Employee (plan); Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $48K |
| QCWDR, LLP EIN 45-1444874 ATTORNEY | Legal; Direct payment from the plan Service code 29 | 2 20TH STREET NORTH SUITE 930 BIRMINGHAM, AL 35203 | $6K |
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 | 657 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 202 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 859 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ALABAMA | 1,678 | $9.1M |
| Dental | BLUE CROSS BLUE SHIELD OF ALABAMA | 1,678 | $9.1M |
| Prescription drug | BLUE CROSS BLUE SHIELD OF ALABAMA | 1,678 | $9.1M |
| Other | DEARBORN NATIONAL LIFE INSURANCE | 869 | $196K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,678 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.