| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP BENEFIT CONCEPTS INC3 Filed as: GROUP BENEFIT CONCEPTS INC. | 2250 SW 185 AVE. MIRAMAR, FL 33029 | AETNA LIFE INSURANCE COMPANY | $293K | — | $293K | 6.28% |
| GROUP BENEFIT CONCEPTS INC3 Filed as: GROUP BENEFIT CONCEPTS, INC. | 428 NE 17TH WAY FORT LAUDERDALE, FL 33301 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $26K | — | $26K | 15.00% |
| GROUP BENEFIT CONCEPTS INC3 Filed as: GROUP BENEFIT CONCEPTS, INC. | 428 NE 17TH WAY FORT LAUDERDALE, FL 33301 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $12K | — | $12K | 15.00% |
| GROUP BENEFIT CONCEPTE, INC.3 | 428 NE 17TH WAY FORT LAUDERDALE, FL 33301 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | — | $8K | 15.00% |
| GROUP BENEFIT CONCEPTS INC3 | 2250 SW 185TH AVE MIRAMAR, FL 33029 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $15K | — | $15K | 51.11% |
| GROUP BENEFIT CONCEPTS INC3 Filed as: GROUP BENEFIT CONCEPTS, INC. | 428 NE 17TH WAY FORT LAUDERDALE, FL 33301 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | — | $4K | 15.00% |
| GROUP BENEFIT CONCEPTS INC3 | 428 NE 17 WAY FORT LAUDERDALE, FL 33301 | HYATT LEGAL PLANS | $1K | — | $1K | 5.75% |
| GROUP BENEFIT CONCEPTS INC3 | 2250 SW 185TH AVE MIRAMAR, FL 33029 | HYATT LEGAL PLANS | $647 | — | $647 | 3.51% |
| GROUP BENEFIT CONCEPTS INC3 Filed as: GROUP BENEFIT CONCEPTS, INC. | 2250 SW 185TH AVENUE MIRAMAR, FL 33029 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $11K | $864 | $12K | 75.56% |
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 | 917 | 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) | 917 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 1,381 | $4.7M |
| Dental | AETNA LIFE INSURANCE COMPANY | 1,381 | $4.7M |
| Vision | AETNA LIFE INSURANCE COMPANY | 1,381 | $4.7M |
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 917 | $102K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 907 | $175K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 273 | $52K |
| Other(5 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 917 | $164K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,381 | — |
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.