| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES TUNE | — | ROCKPORT BENEFITS, LLC | $21K | $0 | $21K | 13.71% |
| JOSEPH H. LEE3 | 300 CHESTERFIELD CTR STE 100 CHESTERFIELD, MO 63017 | UNITED HEALTHCARE INSURANCE COMPANY | $3K | $0 | $3K | 5.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFITS MANAGEMENT INC EIN 48-1168746 CLAIMS PROCESSING | Claims processing Service code 12 | — | $25K |
| HEALTHLINK EIN 43-1364135 INSURANCE COMPANY | Plan Administrator Service code 14 | — | $10K |
| CERTIFIED PROCESSING CORP EIN 43-1308674 CLAIMS PROCESSING | Claims processing Service code 12 | — | $5K |
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 | 106 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 106 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 332 | $63K |
| Stop-loss / reinsurancereinsurance | ROCKPORT BENEFITS, LLC | 106 | $155K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 332 | — |
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.