| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 | PO BOX 61187 VIRGINIA BEACH, VA 23466 | PRINCIPAL LIFE INSURANCE COMPANY | $15K | $0 | $15K | 11.06% |
| KAINOS PARTNERS, INC.3 | 16545 VILLAGE DRIVE, BUILDING B JERSEY VILLAGE, TX 77040 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 2.05% |
| USI INSURANCE SERVICES LLC3 Filed as: USI SOUTHWEST, INC. | 9811 KATY FREEWAY, SUITE 500 HOUSTON, TX 77024 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $11K | $3K | $14K | 11.72% |
| KAINOS PARTNERS, INC.3 | 16545 VILLAGE DRIVE, BUILDING B JERSEY VILLAGE, TX 77040 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $755 | $0 | $755 | 0.63% |
| KAINOS PARTNERS, INC.3 | 16545 VILLAGE DRIVE, BUILDING B JERSEY VILLAGE, TX 77040 | VISION SERVICE PLAN | $473 | $0 | $473 | 1.52% |
| USI INSURANCE SERVICES LLC3 | PO BOX 61187 VIRGINIA BEACH, VA 23466 | SUN LIFE ASSURANCE COMPANY OF CANADA | $4K | $0 | $4K | 13.94% |
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 | 277 | 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) | 277 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 198 | $120K |
| Vision | VISION SERVICE PLAN | 187 | $31K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 409 | $138K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 409 | $138K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 409 | $138K |
| Prescription drug | EXPRESS SCRIPTS | 344 | $416K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 409 | $165K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 409 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.