| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BROWN & BROWN INSURANCE SERVICES3 Filed as: BROWN & BROWN OF FLORIDA | 1201 W CYPRESS RD STE 130 FORT LAUDERDALE, FL 33309 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $301 | — | $301 | 2.93% |
| SUDLER INSURANCE SERVICES INC3 Filed as: SUDLER INSURANCE SERVICES | 5034 NW 112TH WAY POMPANO BEACH, FL 33076 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $301 | — | $301 | 2.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INS CO EIN 59-1031071 NONE | Direct payment from the plan; Other services; Contract Administrator; Claims processing; Participant communication; Named fiduciary; Float revenue; Non-monetary compensation Service code 12 | — | $483K |
| NEBA, INC. EIN 65-0498809 NONE | Direct payment from the plan; Copying and duplicating; Contract Administrator Service code 13 | — | $186K |
| PHILLIPS, RICHARD, AND RIND PA EIN 65-0765728 NONE | Legal Service code 29 | — | $50K |
| LEGACY PROFESSIONALS LLP EIN 32-0043599 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $25K |
| BHA CONSULTING LLC EIN 26-1384808 NONE | Direct payment from the plan; Actuarial; Consulting (general) Service code 11 | — | $23K |
| TOP DRAWER, INC. EIN 59-1550960 NONE | Copying and duplicating; Direct payment from the plan Service code 36 | — | $10K |
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 | 651 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 651 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 133 | $10K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 637 | $600K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 637 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.