| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHENS BASTIAN AND CARTWRIGHT LP3 Filed as: STEPHENS BASTIAN & CARTWRIGHT, LP. | 2351 S FM 51 STE 300 DECATUR, TX 76234 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $68K | — | $68K | 5.38% |
| STEPHENS BASTIAN AND CARTWRIGHT LP3 Filed as: STEPHENS BASTIAN & CARTWRIGHT, LP | 2351 S FM 51 STE 300 DECATUR, TX 76234 | DEARBORN LIFE INSURANCE COMPANY | $19K | — | $19K | 14.99% |
| STEPHENS BASTIAN AND CARTWRIGHT LP3 Filed as: STEPHENS BASTIAN & CARTWRIGHT LP | 2351 S FM 51 STE 300 DECATUR, TX 76234 | VISION SERVICE PLAN | $3K | — | $3K | 7.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE EIN 59-1031071 CLAIMS PROCESSING | Direct payment from the plan; Float revenue; Contract Administrator; Non-monetary compensation; Claims processing; Named fiduciary; Participant communication; Other services Service code 12 | — | $4K |
| CIGNA | Non-monetary compensation; Named fiduciary; Participant communication; Float revenue; Direct payment from the plan; Contract Administrator; Other services; Claims processing Service code 12 | — | $0 |
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 | 946 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 953 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,367 | $1.3M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,367 | $1.3M |
| Vision | VISION SERVICE PLAN | 787 | $32K |
| Life insurance | DEARBORN LIFE INSURANCE COMPANY | 972 | $130K |
| Short-term disability | DEARBORN LIFE INSURANCE COMPANY | 972 | $130K |
| Long-term disability | DEARBORN LIFE INSURANCE COMPANY | 972 | $130K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,367 | $1.3M |
| Other(2 contracts, 2 carriers) | DEARBORN LIFE INSURANCE COMPANY | 972 | $158K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,367 | — |
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.