| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUMMIT FINANCIAL GROUP INC.3 | 1350 S BOULDER SUITE 300 TULSA, OK 74119 | BLUE CROSS BLUE SHIELD OF OKLAHOMA | $40K | $0 | $40K | 2.97% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 787669201 | METROPOLITAN LIFE INSURANCE COMPANY | $27K | $6K | $33K | 20.16% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT FINANCIAL GROUP | 5420 LBJ FWY SUITE 750 DALLAS, TX 752406260 | METROPOLITAN LIFE INSURANCE COMPANY | -$11 | $5K | $5K | 3.27% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $2K | $2K | 1.13% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INS. SERVICES INC. | 1250 S CAPITAL OF TEXAS HWY BLDG 2, SUITE 125 AUSTIN, TX 787466446 | METROPOLITAN LIFE INSURANCE COMPANY | -$310 | $0 | -$310 | -0.19% |
| SUMMIT FINANCIAL GROUP INC.3 | 5420 LBJ FWY SUITE 1940 DALLAS, TX 752406251 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $611 | $3K | 25.39% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $650 | $148 | $798 | 6.31% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 787669201 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $650 | $650 | 5.14% |
| SUMMIT FINANCIAL GROUP INC.3 | 5420 LBJ FWY SUITE 1940 DALLAS, TX 752406251 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $527 | $3K | 25.77% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS INC. | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $517 | $118 | $635 | 6.30% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 787669201 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $517 | $517 | 5.13% |
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 | 198 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 202 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF OKLAHOMA | 352 | $1.4M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $164K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $164K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $164K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $164K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $164K |
| Other(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 466 | $187K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 466 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.