| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC3 | PO BOX 123042 DEPT 3042 DALLAS, TX 75312 | METROPOLITAN LIFE INSURANCE COMPANY | $702K | $2K | $704K | 9.14% |
| BSC AGENCY LLC3 Filed as: BSC AGENCY, LLC | 1025 ASHWORTH ROAD, SUITE 101 WEST DES MOINES, IA 50265 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $67K | $67K | 0.87% |
| LOCKTON COMPANIES, LLC3 | PO BOX 650823 DALLAS, TX 75265 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $28K | $28K | 0.37% |
| LOCKTON COMPANIES, LLC3 | PO BOX 123042 DEPT 3042 DALLAS, TX 75312 | STANDARD INSURANCE COMPANY | $353K | $230K | $583K | 8.64% |
| LOCKTON COMPANIES, LLC3 | PO BOX 123103 DEPT 3103 DALLAS, TX 75312 | PAN-AMERICAN LIFE INSURANCE COMPANY | $220K | $0 | $220K | 13.01% |
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 | 13,437 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 60 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2,368 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 15,865 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | PAN-AMERICAN LIFE INSURANCE COMPANY | 13,437 | $1.8M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 9,741 | $7.7M |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 9,741 | $7.7M |
| Life insurance(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 9,200 | $8.4M |
| Short-term disability | STANDARD INSURANCE COMPANY | 9,200 | $6.7M |
| Long-term disability | STANDARD INSURANCE COMPANY | 9,200 | $6.7M |
| Prescription drug(3 contracts, 3 carriers) | PAN-AMERICAN LIFE INSURANCE COMPANY | 13,437 | $1.8M |
| Other(5 contracts, 5 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 13,437 | $16.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 13,437 | — |
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.