| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M & O AGENCIES INC3 Filed as: M&O AGENCIES | 1835 S EXTENSION RD MESA, AZ 85210 | LUCENT HEALTH | $51K | — | $51K | 10.02% |
| M & O AGENCIES INC3 Filed as: M&O AGENCIES INC | 1835 S EXTENSION RD MESA, AZ 85210 | SECURECARE GROUP INSURANCE | $2K | — | $2K | 5.84% |
| SEE ATTACHED3 | 4640 S EASTERN AVE LAS VEGAS, NV 89119 | AFLAC | $4K | $96 | $4K | 16.00% |
| M & O AGENCIES INC3 Filed as: M&O AGENCIES | 1835 S EXTENSION RD MESA, AZ 85210 | SYMETRA LIFE INSURANCE COMPANY | $835 | — | $835 | 10.47% |
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 | 254 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 254 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | LUCENT HEALTH | 254 | $509K |
| Dental | SECURECARE GROUP INSURANCE | 59 | $34K |
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 0 | $8K |
| Short-term disability | SYMETRA LIFE INSURANCE COMPANY | 0 | $8K |
| Long-term disability | AFLAC | 39 | $26K |
| Prescription drug | LUCENT HEALTH | 254 | $509K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 254 | — |
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.