No brokers reported on this filing.
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SOUTHWEST SERVICE ADMINISTRATORS ADMINISTRATOR | Contract Administrator; Direct payment from the plan Service code 13 | 2300 BUENA VISTA SE STE 127 ALBUQUERQUE, NM 87106 | $719K |
| CONNER & WINTERS, LLP EIN 20-5176788 ATTORNEY | Legal; Direct payment from the plan Service code 29 | 1001 MCKINNEY ST SUITE 550 HOUSTON, TX 77002 | $79K |
| RYAN BENEFITS, INC. EIN 20-2332795 CONSULTANT | Direct payment from the plan; Consulting (general) Service code 16 | 1100 MIRA VISTA BLVD, SUITE 350 PLANI, TX 75093 | $75K |
| RBC WEALTH MANAGEMENT EIN 41-1416330 INV. ADVISOR | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | 100 CRESCENT COURT, SUITE 1500 DALLAS, TX 75201 | $35K |
| EDWARDS AND LEATHERS, P.C. EIN 20-8739519 AUDITOR | Direct payment from the plan; Accounting (including auditing) Service code 10 | PO BOX 860 BAYTOWN, TX 77522 | $13K |
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 | 3,557 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 3,557 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD | 3,550 | $17.1M |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 1,755 | $60K |
| Prescription drug | CVS HEALTH | 3,550 | $0 |
| Stop-loss / reinsurancereinsurance | STEALTH PARTNER GROUP | 3,550 | $1.2M |
| Other | UNITED OF OMAHA LIFE INSURANCE COMPANY | 1,755 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,550 | — |
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.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.