| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GDP ADVISORS LLC3 Filed as: GDP ADVISORS | 2150 SOUTH CENTRAL EXPRESSWAY SUITE 280 MCKINNEY, TX 75070 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $25K | $48K | $73K | 22.14% |
| MERCHANTS BENEFIT ADMINISTRATION5 | 15974 N 77TH STREET SUITE 102 SCOTTSDALE, AL 85260 | NATIONWIDE LIFE INSURANCE COMPANY | — | $4K | $4K | 17.04% |
| GDP ADVISORS LLC3 Filed as: GDP ADVISORS | 2150 SOUTH CENTRAL EXPRESSWAY SUITE 280 MCKINNEY, TX 75070 | NATIONWIDE LIFE INSURANCE COMPANY | $3K | — | $3K | 10.83% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SPECIAL INSURANCE SERVICES, INC. CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | 2740 DALLAS PARKWAY SUITE 100 PLANO, TX 75093 | $70K |
| MULTIPLAN CLAIMS ADMINISTRATOR | Claims processing Service code 12 | 115 FIFTH AVENUE NEW YORK, NY 10003 | $7K |
| HEALTHSMART CARE MGMT SOLUTIONS CLAIMS ADMINISTRATOR | Claims processing Service code 12 | 22 WEST LAS COLINAS BLVD. SUITE 600N IRVING, TX 75039 | $3K |
| NATIONAL SMALL BUSINESS ASSOC PLAN ADMINISTRATOR | Plan Administrator Service code 14 | 1156 15 STREET NW SUITE 502 WASHINGTON, DC 20005 | $866 |
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 | 112 | 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) | 112 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | NATIONWIDE LIFE INSURANCE COMPANY | 65 | $25K |
| Stop-loss / reinsurancereinsurance | FIDELITY SECURITY LIFE INSURANCE COMPANY | 121 | $330K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 121 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.