| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KENNION & CO, LLC0 | 2828 OLD 280 CT STE 110 VESTAVIA, AL 35243 | PROTECTIVE HEALTH INSURANCE COMPANY | — | $30K | $30K | 3.89% |
| KENNION & CO, LLC0 | 2828 OLD 280 CT STE 110 VESTAVIA, AL 35213 | VSP | $15K | — | $15K | 10.00% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL TEXAS INC | 3221 COLLINSWORTH ST. FORT WORTH, TX 76107 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $45 | $7K | 12.05% |
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 | 185 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 185 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PROTECTIVE HEALTH INSURANCE COMPANY | 98 | $764K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 220 | $59K |
| Vision(2 contracts, 2 carriers) | VSP | 220 | $209K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 220 | $59K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 220 | $59K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 220 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.