| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EUSTIS BENEFITS LLC3 | 110 VETERANS MEMORIAL BLVD, STE 200 METAIRIE, LA 70005 | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | $165K | $54K | $219K | 6.66% |
| EUSTIS BENEFITS LLC3 | 110 VETERANS MEMORIAL BLVD, STE 200 METAIRIE, LA 70005 | GUARDIAN | $26K | $0 | $26K | 11.96% |
| NATIONAL BENEFIT CENTER3 Filed as: NATIONAL BENEFIT CENTER LLC | 1105 NORTH MARKET ST, STE 1300 WILMINGTON, DE 19801 | GUARDIAN | $342 | $0 | $342 | 0.16% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| THE SEGAL COMPANY EIN 13-2619259 N/A | Actuarial Service code 11 | P O BOX 56268 METAIRIE, LA 70055 | $21K |
| BOURGEOIS BENNETT, LLC EIN 72-0136870 N/A | Accounting (including auditing) Service code 10 | 111 VETERANS BLVD, 17TH FLOOR METAIRIE, LA 70005 | $12K |
| PERSON HUFF, CPA EIN 26-1639295 N/A | Accounting (including auditing) Service code 10 | — | $11K |
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 | 252 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 172 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 424 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 289 | $3.3M |
| Dental | GUARDIAN | 434 | $217K |
| Vision(2 contracts, 2 carriers) | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 434 | $3.5M |
| Life insurance | GUARDIAN | 434 | $217K |
| Other | GUARDIAN | 434 | $217K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 434 | — |
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.