| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INSURANCE SERVS. INC. | 4041 ESSEN LN, STE. 400 BATON ROUGE, LA 708097318 | METROPOLITAN LIFE INSURANCE COMPANY | $39K | $15K | $55K | 16.23% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS, LLC | 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | SYMETRA LIFE INSURANCE COMPANY | — | $2K | $2K | 1.53% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $187K |
| BUSINESS LEGACY MANAGEMENT, LLC EIN 83-0445255 PLAN ADMINISTRATOR | Plan Administrator Service code 14 | — | $173K |
| MERCER HUMAN RESOURCES CONSULT. LLC EIN 13-2834414 BENEFIT CONSLT. ACTUARY | Actuarial; Consulting (general) Service code 11 | — | $70K |
| SANDRA'S CREATIONS EIN 72-1615670 BENEFITS ADMINISTRATOR | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $46K |
| LTD CONSULTING, LLC EIN 11-3373840 ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $36K |
| HUNTER-MICHAEL INVST. ADVISORS, INC EIN 54-1870462 INVESTMENT ADVISOR | Investment advisory (plan) Service code 27 | — | $18K |
| STEPHEN C. HIMEL, CPA, LLC EIN 20-8410792 AUDITOR | Accounting (including auditing) Service code 10 | — | $17K |
| AGINCOURT CAPITAL MANAGEMENT, LLC EIN 54-1947440 INVESTMENT MANAGER | Investment management Service code 28 | — | $13K |
| THE WAGNER GROUP EIN 04-3323315 LEGAL | Legal Service code 29 | — | $10K |
| CAPITAL ONE, NA EIN 72-0210640 CUSTODIAN | Account maintenance fees; Distribution (12b-1) fees; Custodial (securities) Service code 19 | — | $5K |
| BANK OF MONTREAL EIN 36-2085229 CUSTODIAN | Sub-transfer agency fees; Shareholder servicing fees Service code 59 | — | $0 |
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 | 330 | 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) | 330 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 275 | $337K |
| Stop-loss / reinsurancereinsurance | SYMETRA LIFE INSURANCE COMPANY | 330 | $103K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 330 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.