| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HIGGINBOTHAM INS AGENCY INC3 Filed as: HIGGINBOTHAM INSURANCE AGENCY | 500 WEST 13TH FORT WORTH, TX 76102 | PRINCIPAL LIFE INSURANCE COMPANY | $29K | $2K | $31K | 13.79% |
| RAND G SIMKINS3 Filed as: RAND SIMKINS | 6508 PINE HILLS LANE DENTON, TX 76210 | AFLAC | $929 | $0 | $929 | 3.03% |
| MJ INSURANCE3 Filed as: JOSHUA DEVRIES AND VARIOUS AGENTS | 110 TREALOUT DRIVE, SUITE 202 FENTON, MI 48430 | AFLAC | $670 | $0 | $670 | 2.18% |
| CARLES ANTONELL GRIERA3 Filed as: CARLES GRIERA | 3703 SISTINE MEWS DALLAS, TX 75236 | AFLAC | $244 | $0 | $244 | 0.79% |
| MATTHEW MICHALIK3 | 5205 VAN WINKLE STREET BRIGHTON, MI 48116 | AFLAC | $177 | $0 | $177 | 0.58% |
| RICHARD WESTERMAYER3 | 5431 MONTICELLO AVENUE DALLAS, TX 75206 | AFLAC | $121 | $0 | $121 | 0.39% |
| WENDY LYNN WITT3 Filed as: WENDY WITT | 1157 BOOTH STREET HOWELL, MI 48843 | AFLAC | $117 | $0 | $117 | 0.38% |
| MICHAEL RAY ROBINS3 Filed as: MICHAEL ROBINS | 3943 RANCH ESTATES DRIVE PLANO, TX 75074 | AFLAC | $95 | $0 | $95 | 0.31% |
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 | 180 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 180 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $224K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $224K |
| Life insurance(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $254K |
| Short-term disability(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $254K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $224K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $254K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 332 | — |
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.