| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AVANT SPECIALTY BENEFITS LLC3 | 1828 WALNUT STREET, SUITE 701 KANSAS CITY, MO 64108 | RELIASTAR LIFE INSURANCE COMPANY | $135K | $14K | $149K | 10.99% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | 12712 PARK CENTRAL DRIVE, SUITE 100 DALLAS, TX 75251 | RELIASTAR LIFE INSURANCE COMPANY | $39K | $0 | $39K | 2.89% |
| CAPSTONE STRATEGIES LLC3 | 1002 WEST WALL STREET MIDLAND, IA 79701 | RELIASTAR LIFE INSURANCE COMPANY | $38K | $0 | $38K | 2.81% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | PO BOX 441 DES MOINES, IA 50302 | RELIASTAR LIFE INSURANCE COMPANY | $0 | $18K | $18K | 1.32% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | 12712 PARK CENTRAL DRIVE, SUITE 100 DALLAS, TX 75251 | BLUE CROSS BLUE SHIELD OF TEXAS | $37K | $6K | $42K | 4.30% |
| CAPSTONE STRATEGIES LLC3 | 1002 WEST WALL STREET MIDLAND, TX 79701 | BLUE CROSS BLUE SHIELD OF TEXAS | $32K | $5K | $37K | 3.73% |
| CAPSTONE STRATEGIES LLC3 | 1002 WEST WALL STREET MIDLAND, TX 79701 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $693 | $0 | $693 | 0.60% |
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 | 1,585 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,585 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | BLUE CROSS BLUE SHIELD OF TEXAS | 2,873 | $982K |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 1,126 | $116K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 2,246 | $1.4M |
| Short-term disability | RELIASTAR LIFE INSURANCE COMPANY | 2,246 | $1.4M |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 2,246 | $1.4M |
| Other | RELIASTAR LIFE INSURANCE COMPANY | 2,246 | $1.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,873 | — |
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."
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.