| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MADISON BENEFITS GROUP INC Filed as: MADISON BENEFITS GROUP | 500 W. 13TH ST FORT WORTH, TX 76102 | AETNA LIFE INSURANCE CO. | $67K | — | $67K | 0.97% |
| ROBERT L. MOODY, JR. Filed as: ROBERT MOODY JR | 2302 POST OFFICE SUITE 601 GALVESTON, TX 77550 | AETNA LIFE INSURANCE CO. | — | $67K | $67K | 0.97% |
| HIGGINBOTHAM INS AGENCY INC Filed as: HIGGINBOTHAM INSURANCE AGENCY, INC | 11700 KATY FWY STE 1100 HOUSTON, TX 770791252 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $620 | — | $620 | 15.01% |
| BENEFTI ADVISORS NETWORK, LLC | 6830 COCHRAN RD SOLON, OH 44139 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $54 | $54 | 1.31% |
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 | 950 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 950 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Dental | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Life insurance | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Short-term disability | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Long-term disability | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Other(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 950 | $6.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 950 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.