| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NGS INSURANCE AGENCY, INC.0 Filed as: NGS INSURANCE COMPANY | PO BOX 830846 RICHARDSON, TX 750830846 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2.6M | $2.6M | 35.29% |
| THE SEGAL COMPANY5 Filed as: THE SEGAL COMPANY (MIDWEST) INC. | 101 NORTH WACKER DR, SUITE 500 CHICAGO, IL 60606 | METROPOLITAN LIFE INSURANCE COMPANY | — | $71K | $71K | 0.97% |
| BENEFIT ELECT, INC.5 | 855 SW YATES DRIVE, SUITE 202 BEND, OR 97702 | METROPOLITAN LIFE INSURANCE COMPANY | — | $11K | $11K | 0.16% |
| WILKINS FINSTON FRIEDMAN LAW GROUP0 | 13155 NOEL ROAD DALLAS, TX 74240 | METROPOLITAN LIFE INSURANCE COMPANY | — | $7K | $7K | 0.09% |
| DAVIS-DYER-MAX, INC.3 | 3200 BROADWAY BLVD, SUITE 400 GARLAND, TX 75043 | METROPOLITAN LIFE INSURANCE COMPANY | — | $6K | $6K | 0.08% |
| HARTNETT REYES-JONES, LLC0 | 4399 LACLEDE AVENUE ST. LOUIS, MO 63108 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2K | $2K | 0.03% |
| BAKER TILLY US, LLP0 | 2500 DALLAS PARKWAY, SUITE 300 PLANO, TX 75093 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2K | $2K | 0.02% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NGS EIN 75-2028097 NONE | Claims processing; Contract Administrator Service code 12 | — | $78K |
| TOWERS WATSON EIN 53-0181291 NONE | Investment advisory (plan) Service code 27 | — | $8K |
| THE SEGAL COMPANY EIN 13-1975125 NONE | Actuarial Service code 11 | — | $7K |
| HARNET REYES-JONES LLP EIN 43-1205253 NONE | Other services Service code 49 | — | $7K |
| BENEFIT ELECT NONE | Other services Service code 49 | 835 S.W. YATES DR., SUITE 202 BEND, OR 97702 | $6K |
| DAVIS DYER MAX NONE | Other services Service code 49 | 3200 BROADWAY BLVD STE 400 GARLAND, TX 75043 | $6K |
| STATE STREET BANK & TRUST CO EIN 04-1867445 TRUSTEE | Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $5K |
| WELLINGTON TRUST CO EIN 04-2755549 NONE | Investment management fees paid directly by plan Service code 51 | — | $5K |
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 | 2,325 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,420 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 3,745 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 7,358 | $7.5M |
| Other(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 7,358 | $7.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,358 | — |
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.