| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KINGBENEFITS INSURANCE SOLUTIONS3 | 5120 AVENDIA ENCINAS CARLSBAD, CA 92008 | HEALTH NET | $74K | — | $74K | 4.80% |
| KINGBENEFITS INSURANCE SOLUTIONS3 | 5120 AVENIDA ENCINAS STE 100 CARLSBAD, CA 92008 | UNITEDHEALTHCARE INSURANCE COMPANY | $13K | — | $13K | 9.96% |
| WILLIAM J KING3 Filed as: WILLIAM J KING ASSOCIATE INS | 5120 AVENIDA ENCINAS STE 100 CARLSBAD, CA 92008 | UNITEDHEALTHCARE INSURANCE COMPANY | $21K | — | $21K | 25.38% |
| KINGBENEFITS INSURANCE SOLUTIONS3 | 5120 AVENIDA ENCINAS STE 100 CARLSBAD, CA 92008 | LIFE INSURANCE COMPANY OF NA | $5K | — | $5K | 12.28% |
| KINGBENEFITS INSURANCE SOLUTIONS3 | 5120 AVENDIA ENCINAS STE 100 CARLSBAD, CA 92008 | LIFE INSURANCE COMPANY OF NA | $995 | — | $995 | 12.44% |
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 | 219 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 228 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH NET | 162 | $1.5M |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 249 | $132K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 249 | $132K |
| Life insurance | UNITEDHEALTHCARE INSURANCE COMPANY | 219 | $84K |
| Short-term disability | LIFE INSURANCE COMPANY OF NA | 227 | $8K |
| Long-term disability | LIFE INSURANCE COMPANY OF NA | 227 | $44K |
| Other | UNITEDHEALTHCARE INSURANCE COMPANY | 219 | $84K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 249 | — |
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.
Final-filing indicator set. Plan is winding down; don't waste sales effort here.