| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HM BENEFITS LLC3 | 935 GRAVIER ST NEW ORLEANS, LA 70112 | AETNA LIFE INSURANCE CO | $48K | $3K | $50K | 5.34% |
| HM BENEFITS LLC3 | 935 GRAVIER ST SUITE 1640 NEW ORLEANS, LA 70112 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $280 | $3K | 16.57% |
| NFP INSURANCE SERVICES INC3 | 1250 S CAPITAL OF TEXAS HWY AUSTIN, TX 78746 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $187 | $187 | 1.05% |
| HM BENEFITS LLC3 | 935 GRAVIER ST SUITE 1640 NEW ORLEANS, LA 70112 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $957 | $102 | $1K | 16.60% |
| NFP INSURANCE SERVICES INC3 | 1250 S CAPITAL OF TX HWY AUSTIN, TX 78746 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $68 | $68 | 1.07% |
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 | 207 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 9 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 218 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO | 201 | $945K |
| Dental | AETNA LIFE INSURANCE CO | 201 | $945K |
| Vision | AETNA LIFE INSURANCE CO | 201 | $945K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 92 | $6K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 92 | $18K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 92 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 201 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.