| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BALDWIN KRYSTYN SHERMAN PARTNERS3 Filed as: BALDWIN KRYSTYN SHERMAN PARTNERS LL | 9140 CORSEA DEL FONTANA WAY BLDNG 110 STE 2 NAPLES, FL 341094397 | HEALTH OPTIONS | $14K | — | $14K | 4.00% |
| MARSH & MCLENNAN AGENCY LLC3 | 101 N. STARCREST DR. CLEARWATER, FL 33765 | HEALTH OPTIONS | $7K | — | $7K | 4.00% |
| BALDWIN KRYSTYN SHERMAN PARTNERS3 | 4211 W BOY SCOUT BLVD STE 900 TAMPA, FL 33607 | SUN LIFE ASSURANCE COMPANY OF CANADA | $8K | — | $8K | 7.21% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | SUN LIFE ASSURANCE COMPANY OF CANADA | $4K | — | $4K | 3.19% |
| WATCHTOWER BENEFITS, LLC3 | 306 W. ERIE ST SUITE 300 CHICAGO, IL 60654 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | $1K | $1K | 1.01% |
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 | 113 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 113 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | HEALTH OPTIONS | 49 | $525K |
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Vision | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 113 | $118K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 113 | — |
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.