| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY MARIETTA, GA 30064 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $12K | $1K | $13K | 1.65% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY STE 202 MARIETTA, GA 30064 | STARMOUNT LIFE INSURANCE COMPANY | $11K | $1K | $13K | 11.54% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY STE 250 MARIETTA, GA 30064 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $12K | $1K | $13K | 16.88% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY STE 202 MARIETTA, GA 30064 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | $528 | $6K | 16.41% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY STE 202 MARIETTA, GA 30064 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $763 | $111 | $874 | 14.42% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 2500 DALLAS HWY STE 202 MARIETTA, GA 30064 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | $83 | $4K | 77.67% |
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 | 305 | 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) | 305 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STARMOUNT LIFE INSURANCE COMPANY | 221 | $109K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 221 | $109K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 305 | $76K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 75 | $38K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 305 | $76K |
| Other(4 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 305 | $855K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 305 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.