| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP | 2910 SIDCO DR NASHVILLE, TN 37204 | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | $72K | — | $72K | 5.96% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP | 2910 SIDCO DR NASHVILLE, TN 37204 | GUARDIAN LIFE INSURANCE COMPANY OF NORTH AMERICA | $17K | — | $17K | 16.83% |
| JENNON M CARUTH3 | PO BOX 46122 EDEN PRAIRIE, MN 55344 | GUARDIAN LIFE INSURANCE COMPANY OF NORTH AMERICA | $7K | — | $7K | 6.62% |
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 | 110 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 110 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | 110 | $1.2M |
| Dental | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | 110 | $1.2M |
| Vision | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | 110 | $1.2M |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF NORTH AMERICA | 113 | $101K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF NORTH AMERICA | 113 | $101K |
| Prescription drug | BLUECROSS BLUESHIELD OF TENNESSEE, INC. | 110 | $1.2M |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF NORTH AMERICA | 113 | $101K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 113 | — |
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.