| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 761010908 | DEARBORN LIFE INSURANCE COMPANY | $37K | $0 | $37K | 15.00% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 9600 BLACKWELL ROAD, STE 225 ROCKVILLE, MD 20850 | DEARBORN LIFE INSURANCE COMPANY | $0 | $5K | $5K | 1.87% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 761010908 | HEALTH CARE SERVICE CORPORATION | $18K | $0 | $18K | 9.07% |
| AP BENEFIT ADVISORS, LLC3 | — | HEALTH CARE SERVICE CORPORATION | $1K | $0 | $1K | 0.69% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 761010908 | RELIASTAR LIFE INSURANCE COMPANY | $27K | $0 | $27K | 22.55% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 761010908 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | $0 | $2K | 8.31% |
| AP BENEFIT ADVISOR3 Filed as: AP BENEFIT ADVISOR, LLC | 10 NORTH PARK DRIVE, SUITE 200 HUNT VALLEY, MD 21030 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $438 | $0 | $438 | 1.54% |
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 | 410 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 414 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | HEALTH CARE SERVICE CORPORATION | 648 | $199K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 560 | $28K |
| Life insurance | DEARBORN LIFE INSURANCE COMPANY | 485 | $243K |
| Short-term disability | DEARBORN LIFE INSURANCE COMPANY | 485 | $243K |
| Long-term disability | DEARBORN LIFE INSURANCE COMPANY | 485 | $243K |
| Other(2 contracts, 2 carriers) | DEARBORN LIFE INSURANCE COMPANY | 485 | $365K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 648 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.