| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | HCC LIFE INSURANCE COMPANY | $78K | — | $78K | 11.57% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | ACCESS HEALTH | $36K | — | $36K | 16.07% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | SOUTHERN SCRIPTS | $52K | — | $52K | 38.09% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | HEALTHCARE HIGHWAYS | $5K | — | $5K | 10.53% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | AMERICAN HEALTH HOLDINGS | $17K | — | $17K | 38.15% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IMA, INC. EIN 72-0950191 CONTRACT | Claims processing Service code 12 | PO BOX 71120 BOSSIER CITY, LA 71171 | $134K |
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 | 424 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 424 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HCC LIFE INSURANCE COMPANY | 424 | $672K |
| Dental | HCC LIFE INSURANCE COMPANY | 424 | $672K |
| Prescription drug | SOUTHERN SCRIPTS | 424 | $135K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 424 | $672K |
| Other(2 contracts, 2 carriers) | ACCESS HEALTH | 424 | $272K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 424 | — |
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.