| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SOUTHERN NATIONAL LIFE INSURANCE CO3 | 5525 REITZ AVENUE BATON ROUGE, LA 70809 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $93K | $93K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF LOUISIANA EIN 23-7384555 BLUE CROSS BLUE SHIELD OF | Contract Administrator Service code 13 | PO BOX 98029 BATON ROUGE, LA 70809 | $43.6M |
| EXPRESS SCRIPTS INC EIN 43-1420563 NONE | Insurance services Service code 23 | PO BOX 52150 PHOENIX, AZ 85072 | $10.8M |
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 | 3,179 | Currently employed and enrolled or eligible. |
| Retired/separated still eligible | 279 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,458 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 6,216 | $47.6M |
| Dental(2 contracts) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 6,216 | $47.6M |
| Vision(2 contracts) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 6,181 | $211K |
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 3,133 | $1.9M |
| Prescription drug(2 contracts) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 6,216 | $47.6M |
| Other | BLUE CROSS BLUE SHIELD OF LOUISIANA | 6,216 | $47.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 6,216 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.