| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ORMA R SMITH III3 Filed as: ORMA R SMITH | 3725 CHAMPION HILLS DR STE 3300 MEMPHIS, TN 38125 | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | $6.4M | — | $6.4M | 489.86% |
| STREAMLINE ENTERPRISES LLC3 | DBA CANOPY NATION 1661 INTERNATIONAL DR STE 140 MEMPHIS, TN 38120 | DELTA DENTAL OF TENNESSEE | $7K | — | $7K | 10.00% |
| SMITH III, ORMA R3 | 3275 CHAMPION HILLS DRIVE MEMPHIS, TN 38125 | UNUM LIFE INSRUANCE COMPANY OF AMERICA | $2K | $122 | $2K | 9.57% |
| STREAMLINE ENTERPRISES LLC3 Filed as: STREAMLINE ENTERPIRISES LLC | DBA CANOPY NATION 3725 CHAMPION HILLS DRIVE STE 3300 MEMPHIS, TN 38125 | UNUM LIFE INSRUANCE COMPANY OF AMERICA | $361 | $27 | $388 | 1.80% |
| STREAMLINE ENTERPRISES LLC3 | DBA CANOPY NATION 3725 CHAMPION HILLS DRIVE STE 3300 MEMPHIS, TN 38125 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | $145 | $3K | 14.49% |
| STREAMLINE ENTERPRISES LLC3 | DBA CANOPY NATION 3725 CHAMPION HILLS DRIVE STE 3300 MEMPHIS, TN 38125 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | $145 | $3K | 15.75% |
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 | 154 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 154 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF TENNESSEE | 195 | $71K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSRUANCE COMPANY OF AMERICA | 174 | $43K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSRUANCE COMPANY OF AMERICA | 174 | $41K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 195 | — |
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.
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.