| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE SERVICE | 2211 7TH AVE S BIRMINGHAM, AL 35233 | QBE INSURANCE | $67K | — | $67K | 15.00% |
| TRINITY BENEFIT SOLUTIONS3 Filed as: TRINITY BENEFIT SOLUTIONS INC | 2318 PANSY ST HUNTSVILLE, AL 35801 | COMPANION LIFE INSURANCE COMPANY | $22K | $3K | $25K | 8.44% |
| BARRY BRYAN3 Filed as: BARRY GANN BRYAN | 2318 PANSY ST SW HUNTSVILLE, AL 35801 | PRINCIPAL LIFE INSURANCE COMPANY | $25K | — | $25K | 9.53% |
| BARRY BRYAN3 Filed as: BARRY GANN GRYAN | 2318 PANSY ST SW HUNTSVILLE, AL 35801 | PRINCIPAL LIFE INSURANCE COMPANY | $20K | $13K | $33K | 19.26% |
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 | 313 | 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) | 313 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 301 | $262K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 301 | $262K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 235 | $172K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 301 | $262K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 301 | $262K |
| Stop-loss / reinsurancereinsurance | QBE INSURANCE | 218 | $446K |
| Other(2 contracts, 2 carriers) | COMPANION LIFE INSURANCE COMPANY | 235 | $464K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 301 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.