| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA STREET METAIRIE, LA 700066444 | UNITED CONCORDIA INSURANCE COMPANY | $136K | — | $136K | 5.00% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA STREET METAIRIE, LA 700066444 | GRANULAR INSURANCE COMPANY | $63K | — | $63K | 3.00% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA STREET METAIRIE, LA 700066444 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $224K | $20K | $244K | 12.00% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA STREET METAIRIE, LA 700066444 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $181K | $16K | $197K | 12.00% |
| GCG FINANCIAL LLC3 Filed as: AGM BENEFITS AN ALERA GROUP AGENCY | 8550 UNITED PLAZA BLVD SUITE 210 BATON ROUGE, LA 70809 | TRANSAMERICA LIFE INSURANCE COMPANY | $191K | — | $191K | 25.75% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA STREET METAIRIE, LA 700066444 | TRANSAMERICA LIFE INSURANCE COMPANY | $168K | — | $168K | 22.58% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | 5020 UTICA ST METAIRIE, LA 700066444 | VISION SERVICE PLAN | $77K | — | $77K | 15.04% |
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 | 5,427 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 29 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 5,456 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TRANSAMERICA LIFE INSURANCE COMPANY | 1,869 | $743K |
| Dental | UNITED CONCORDIA INSURANCE COMPANY | 8,240 | $2.7M |
| Vision | VISION SERVICE PLAN | 3,543 | $510K |
| Life insurance | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 5,226 | $2.0M |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 4,613 | $1.6M |
| Stop-loss / reinsurancereinsurance | GRANULAR INSURANCE COMPANY | 4,349 | $2.1M |
| Other(3 contracts, 3 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 5,395 | $2.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,240 | — |
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.