| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREMS, INC.3 Filed as: PREMS, INC | 10917 OLD RIVER TRAIL OKLAHOMA CITY, OK 73013 | AMERICAN FIDELITY ASSURANCE COMPANY | $12K | — | $12K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FRATES BENEFIT ADMINISTRATORS EIN 46-5285179 N/A | Claims processing; Direct payment from the plan Service code 12 | — | $860K |
| TRU SERVICES N/A | Contract Administrator; Direct payment from the plan Service code 13 | 200 CUMMINGS CENTER BEVERLY, MA 01915 | $234K |
| MAXCARE N/A | Direct payment from the plan; Insurance services Service code 23 | 3000 E. MEMORIAL RD EDMOND, OK 73013 | $120K |
| OSMA EIN 73-0384245 SPONSOR | Direct payment from the plan; Plan Administrator Service code 14 | — | $85K |
| MULTIPLAN N/A | Insurance services; Direct payment from the plan Service code 23 | 115 FIFTH AVE NEW YORK, NY 10003 | $57K |
| W. FRANK PHELPS MEMBER | Direct payment from the plan; Other services Service code 49 | 6903 E 113TH ST S BIXBY, OK 74008 | $54K |
| FRATES INSURANCE & RISK MANAGEMENT EIN 26-3554645 N/A | Direct payment from the plan; Claims processing Service code 12 | — | $46K |
| WAKELY CONSULTING GROUP EIN 59-3554482 N/A | Actuarial; Direct payment from the plan Service code 11 | — | $38K |
| MCAFEE & TAFT EIN 73-0781676 N/A | Legal; Direct payment from the plan Service code 29 | — | $34K |
| MOSS ADAMS LLP EIN 91-0189318 N/A | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $32K |
| ANDREINI & CO. OF OKLAHOMA EIN 90-0783777 N/A | Insurance agents and brokers; Direct payment from the plan Service code 22 | — | $26K |
| BENEFIT PLAN STRATEGIES EIN 20-0321439 N/A | Insurance agents and brokers; Direct payment from the plan Service code 22 | — | $22K |
| MICHAEL J. HAUGH MEMBER | Direct payment from the plan; Other services Service code 49 | 3708 E 47TH PL TULSA, OK 74135 | $18K |
| INSERVICES, INC. EIN 73-1396387 N/A | Direct payment from the plan; Insurance agents and brokers Service code 22 | — | $16K |
| RMS CONSULTING, LLC EIN 27-0917617 N/A | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $14K |
| BANK OF OKLAHOMA EIN 73-0780382 FIDUCIARY | Direct payment from the plan; Investment management Service code 28 | — | $9K |
| HEALTH PAYOR CONSORTIUM N/A | Claims processing; Direct payment from the plan Service code 12 | 1141 SOUTH 7TH ST ST. LOUIS, MO 63104 | $8K |
| GEORGE CALDWELL M.D. MEMBER | Direct payment from the plan; Other services Service code 49 | 10221 E 81ST ST TULSA, OK 74133 | $5K |
| JOHN A. ROBINSON MEMBER | Other services Service code 49 | 501 E MACARTHUR ST SHAWNEE, OK 74804 | $5K |
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 | 819 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 561 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,380 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | AMERICAN FIDELITY ASSURANCE COMPANY | 2,240 | $234K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,240 | — |
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."
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.