| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ROBERT SANFORD3 | 3420 HIGHWAY 39N MERIDIAN, MS 39301 | BLUE CROSS BLUE SHIELD OF MS, INC | $43K | — | $43K | 2.91% |
| BENEFITS MANAGEMENT GROUP3 | P.O. BOX 3340 MERIDIAN, MS 393033340 | METROPOLITAN LIFE INSURANCE COMPANY | $40K | $5K | $44K | 14.70% |
| BENEFITS MANAGEMENT GROUP3 | 3420 HIGHWAY 39N MERIDIAN, MS 39301 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | $5K | $15K | 21.20% |
| GHS BENEFIT SOLUTIONS LLC3 Filed as: GHS BENEFIT SOLUTIONS, LLC | 162 CAROLINE POINTE BLVD MADISON, MS 391104730 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 3.00% |
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 | 326 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 326 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MS, INC | 324 | $1.5M |
| Dental(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 692 | $373K |
| Vision(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 692 | $373K |
| Life insurance(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 692 | $373K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 692 | $303K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 692 | — |
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.