| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREMS, INC.3 Filed as: PREMS, INC | 10917 OLD RIVER TRAIL OKLAHOMA CITY, OK 73013 | LIBERTY INSURANCE UNDERWRITERS, INC. | $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 | — | $761K |
| PAYER COMPASS N/A | Direct payment from the plan; Claims processing Service code 12 | 5800 GRANITE PARKWAY, STE 450 PLANO, TX 75024 | $146K |
| OSMA EIN 73-0384245 SPONSOR | Plan Administrator; Direct payment from the plan Service code 14 | — | $68K |
| FRATES INSURANCE & RISK MANAGEMENT EIN 26-3554645 N/A | Direct payment from the plan; Claims processing Service code 12 | — | $46K |
| JACK BELLER MEMBER | Other services; Direct payment from the plan Service code 49 | 4423 RIDGELINE DR. NORMAN, OK 73072 | $32K |
| MOSS ADAMS LLP EIN 91-0189318 N/A | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $32K |
| WAKELY CONSULTING GROUP EIN 59-3554482 N/A | Actuarial; Direct payment from the plan Service code 11 | — | $26K |
| CAREVALENT N/A | Consulting (general); Direct payment from the plan Service code 16 | 360 CENTRAL AVE, STE 440 ST. PETERSBURG, FL 33701 | $12K |
| PHIA GROUP CONSULTING N/A | Consulting (general); Direct payment from the plan Service code 16 | 163 BAY STATE DR BRAINTREE, MA 02184 | $11K |
| HUSCH BALCKWELL LLP N/A | Legal; Direct payment from the plan Service code 29 | 190 CARONDELET PLAZA, STE 600 SAINT LOUIS, MO 63105 | $10K |
| DALE NEIKIRK MEMBER | Other services; Direct payment from the plan Service code 49 | 4609 LAURELBROOK CT NORMAN, OK 73072 | $8K |
| THOMPSON, COE, COUSINS & IRONS LLP N/A | Legal; Direct payment from the plan Service code 29 | 700 NORTH PEARL ST, 25TH FLOOR DALLAS, TX 75201 | $7K |
| MULTIPLAN N/A | Direct payment from the plan; Insurance services Service code 23 | 115 FIFTH AVE NEW YORK, NY 10003 | $7K |
| JOHN A. ROBINSON MEMBER | Direct payment from the plan; Other services Service code 49 | 501 E MACARTHUR ST SHAWNEE, OK 74804 | $6K |
| LEE SCHOEFFLER MEMBER | Direct payment from the plan; Other services Service code 49 | PO BOX 915 BROKEN ARROW, OK 74013 | $5K |
| MICHAEL J. HAUGH MEMBER | Direct payment from the plan; Other services Service code 49 | 3708 E 47TH PL TULSA, OK 74135 | $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 | 974 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 479 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,453 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | LIBERTY INSURANCE UNDERWRITERS, INC. | 975 | $233K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 975 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.