| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MANAGED BENEFITS, INC.3 Filed as: MANAGED BENEFITS INC | 4900 COX RD SUITE 170 GLEN ALLEN, VA 23060 | PAN AMERICAN LIFE INSURANCE COMPANY | — | $114K | $114K | 37.13% |
| INSURANCE MANAGEMENT SERVICES5 | 731 N TAYLOR AMARILLO, TX 79107 | PAN AMERICAN LIFE INSURANCE COMPANY | — | $20K | $20K | 6.55% |
| MANAGED BENEFITS, INC.3 Filed as: MANAGED BENEFITS INC | 4900 COX RD STE 170 GLEN ALLEN, VA 23060 | HUMANA INSURANCE COMPANY | $15K | — | $15K | 9.98% |
| MANAGED BENEFITS, INC.3 Filed as: MANAGED BENEFITS INC | 4323 COX ROAD GLEN ALLEN, VA 23060 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $17K | — | $17K | 14.91% |
| IMS MARKETING, INC.5 Filed as: IMS MARKETING, INC | 731 N TAYLOR STREET AMARILLO, TX 79107 | UNITED HEALTHCARE INSURANCE COMPANY | $3K | — | $3K | 10.00% |
| MANAGED BENEFITS, INC.3 Filed as: MANAGED BENEFITS INC | 4323 COX ROAD GLEN ALLEN, VA 23060 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 9.92% |
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 | 242 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 244 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PAN AMERICAN LIFE INSURANCE COMPANY | 220 | $307K |
| Dental | HUMANA INSURANCE COMPANY | 244 | $153K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 437 | $28K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 251 | $115K |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 251 | $115K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 251 | $115K |
| Prescription drug | PAN AMERICAN LIFE INSURANCE COMPANY | 220 | $307K |
| Stop-loss / reinsurancereinsurance | PAN AMERICAN LIFE INSURANCE COMPANY | 220 | $307K |
| Other(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 251 | $143K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 437 | — |
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.