| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFIT ADMIN | 101 S GARLAND AVE SUITE 203 ORLANDO, FL 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $2K | $2K | 1.00% |
| JANET SLOAN3 | 600 N CREEKSIDE DRIVE MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $738 | — | $738 | 0.36% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 2023 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $5K | $5K | 4.00% |
| JANET SLOAN3 | 493 OLD FIELD RD MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $5K | — | $5K | 3.97% |
| JANET SLOAN3 | 493 OLD FIELD RD MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $6K | — | $6K | 5.00% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFITS ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $5K | $5K | 4.00% |
| JANET SLOAN3 | 493 OLD FIELD RD MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | — | $3K | 5.00% |
| PLANSOURCE BENEFITS ADMINISTRATION5 Filed as: PLANSOURCE BENEFIT ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $2K | $2K | 4.00% |
| JANET SLOAN3 | 493 OLD FIELD RD MURRELLS INLET, SC 29576 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| PLANSOURCE BENEFITS ADMINISTRATION Filed as: PLANSOURCE BENEFIT ADMIN | 101 S. GARLAND AVE SUITE 203 ORLANDO, FL 32801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $547 | $547 | 4.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AMERICAN BENEFIT SERVICES EIN 51-0489532 FSA ADMINISTRATOR | Contract Administrator; Claims processing; Other fees; Other services; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | PO BOX 1635 IRMO, SC 29063 | $3K |
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 | 268 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 268 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA | 268 | $4.6M |
| Dental | RELIANCE STANDARD LIFE INSURANCE COMPANY | 221 | $208K |
| Vision | RELIANCE STANDARD LIFE INSURANCE COMPANY | 221 | $208K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 251 | $126K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 171 | $134K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 161 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 268 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.