| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FBP INSURANCE SERVICES3 Filed as: FBP INSURANCE SERVICES LLC | DBA PRECEPT INSURANCE SOLUTIONS 130 THEORY ST, STE 200 IRVNE, CA 92617 | SHARP HEALTH PLAN | $26K | — | $26K | 5.00% |
| PRECEPT INSURANCE SOLUTIONS3 Filed as: PRECEPT INSURANCE SOLUTIONS, LLC | 130 THEORY STREET, SUITE 200 IRVINE, CA 92617 | MEDIEXCEL HEALTH PLAN | $6K | — | $6K | 4.97% |
| FBP INSURANCE SERVICES3 Filed as: FBP INSURANCE SERVICES INC | 130 THEORY STREET, STE 200 IRVINE, CA 926173065 | PRINCIPAL LIFE INSURANCE COMPANY | $9K | $917 | $10K | 7.91% |
| BB&T INSURANCE SERVICES, INC.3 Filed as: BB&T INSURANCE SERVICES INC | 414 GALLIMORE DAIRY RD STE F GREENSBORO, NC 27409 | PRINCIPAL LIFE INSURANCE COMPANY | — | $621 | $621 | 0.50% |
| FBP INSURANCE SERVICES3 Filed as: FBP INSURANCE SERVICES INC | 130 THEORY STREET, STE 200 IRVINE, CA 926173065 | NATIONAL HEALTH INSURANCE COMPANY | $2K | — | $2K | 5.00% |
| FBP INSURANCE SERVICES3 Filed as: FBP INSURANCE SERVICES INC | 130 THEORY STREET, STE 200 IRVINE, CA 926173065 | VISION SERVICE PLAN | $638 | — | $638 | 8.22% |
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 | 96 | 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) | 96 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | SHARP HEALTH PLAN | 85 | $687K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $124K |
| Vision(2 contracts, 2 carriers) | SHARP HEALTH PLAN | 83 | $533K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $124K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $124K |
| Prescription drug | SHARP HEALTH PLAN | 83 | $526K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $124K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 195 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.