| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BLUE ADVANTAGE ADMINISTRATORS OF AR5 | 601 GAINES ST LITTLE ROCK, AR 72201 | SIRIUS AMERICA INSURANCE COMPANY | $53K | $681K | $734K | 137.91% |
| SUNSTAR INSURANCE GROUP LLC3 | 2479 BROWNS LANE JONESBORO, AR 724016106 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | $924 | $10K | 2.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE ADVANTAGE ADMINISTRATORS OF AR EIN 71-0246079 NONE | Custodial (securities) Service code 19 | P.O. BOX 3743 LITTLE ROCK, AR 72203 | $734K |
| SUNSTAR INSURANCE GROUP NONE | Insurance agents and brokers Service code 22 | 2479 BROWNS LANE JONESBORO, AR 724016106 | $10K |
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 | 2,185 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 2,185 | $336K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 2,185 | $336K |
| Stop-loss / reinsurancereinsurance | SIRIUS AMERICA INSURANCE COMPANY | 1,259 | $532K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 2,185 | $336K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,185 | — |
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.