| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BLUE ADVANTAGE ADMINISTRATORS OF AR5 | 320 W. CAPITOL 8CC LITTLE ROCK, AR 722031151 | SIRIUS AMERICA INSURANCE COMPANY | $42K | $587K | $629K | 150.65% |
| SUNSTAR INSURANCE GROUP LLC3 | 2479 BROWNS LANE JONESBORO, AR 724016106 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | — | $7K | 2.19% |
| STEPHENS INSURANCE LLC3 Filed as: STEPHENS INS LLC | 111 CENTER ST FL 4 LITTLE ROCK, AR 722014402 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | -$257 | $825 | 0.27% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE ADVANTAGE ADMINISTRATORS OF AR EIN 71-0246079 NONE | Custodial (securities) Service code 19 | 320 W. CAPITOL 8CC LITTLE ROCK, AR 722032181 | $629K |
| SUNSTAR INSURANCE GROUP NONE | Insurance agents and brokers Service code 22 | 2479 BROWNS LANE JONESBORO, AR 724016106 | $7K |
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 | 1,138 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 21 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,159 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,983 | $306K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,983 | $306K |
| Stop-loss / reinsurancereinsurance | SIRIUS AMERICA INSURANCE COMPANY | 1,063 | $417K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,983 | $306K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,983 | — |
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.