| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDGEWOOD PARTNERS INSURANCE CENTER3 | 2700 POST OAK BLVD FL 25 HOUSTON, TX 770565705 | METROPOLITAN LIFE INSURANCE COMPANY | $112K | — | $112K | 11.60% |
| EDGEWOOD PARTNERS INSURANCE CENTER3 Filed as: EDGEWOOD PARTNERS INS CENTER | 1390 WILLOW PASS RD STE 800 CONCORD, CA 945207924 | METROPOLITAN LIFE INSURANCE COMPANY | — | $82K | $82K | 8.51% |
| EDGEWOOD PARTNERS INSURANCE CENTER3 Filed as: EDGEWOOD PARTNERS INS CENTER | 1390 WILLOW PASS RD STE 800 CONCORD, CA 945207924 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $19K | $19K | 4.22% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MORGAN STANLEY AIP GL LP EIN 23-3060887 NONE | Investment advisory (plan); Direct payment from the plan; Securities brokerage commissions and fees; Securities brokerage; Other investment fees and expenses Service code 27 | — | $367K |
| MORGAN STANLEY SMITH BARNEY LLC EIN 26-4310632 NONE | Investment advisory (plan); Securities brokerage commissions and fees; Direct payment from the plan; Securities brokerage; Other investment fees and expenses Service code 27 | — | $267K |
| BLUECROSS BLUE SHIELD OF TEXAS EIN 36-1236610 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $208K |
| POLEN CAPITAL EIN 13-2984374 NONE | Investment management; Direct payment from the plan Service code 28 | — | $78K |
| VOYA INVESTMENT MANAGEMENT EIN 06-0888148 NONE | Investment management fees paid directly by plan; Investment management; Direct payment from the plan Service code 28 | — | $35K |
| MCCONNELL & JONES LLP EIN 76-0488832 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $29K |
| STATE STREET BANK & TRUST COMPANY EIN 04-1867445 NONE | Direct payment from the plan; Custodial (securities); Trustee (directed); Investment management Service code 19 | — | $25K |
| CLEARWATER ANALYTICS EIN 42-1658172 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $10K |
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 | 333 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 516 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 849 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 3,814 | $448K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 2,671 | $969K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 2,671 | $969K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,814 | — |
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.