| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JS EDWARDS & SHERLOCK3 | 4155 PHELAN BLVD BEAUMONT, TX 77707 | WELLNET | $92K | — | $92K | 13.43% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL MIDWEST LTD | 55 E JACKSON BLVD CHICAGO, IL 60604 | WELLNET | $46K | — | $46K | 6.74% |
| ROBICHAU, ROSS , AARON3 | 3280 EASTEX FWY BEAUMONT, TX 777032649 | AMERITAS LIFE INSURANCE CORP | $49K | — | $49K | 13.12% |
| SHERLOCK INSURANCE AGENCY, INC.3 | 4155 PHELAN BLVD BEAUMONT, TX 777072154 | AMERITAS LIFE INSURANCE CORP | $26K | — | $26K | 6.88% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WELLNET EIN 90-0135021 CLAIMS PROCESSING | Plan Administrator; Contract Administrator; Claims processing Service code 12 | — | $268K |
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 | 494 | 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) | 494 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AMERITAS LIFE INSURANCE CORP | 924 | $371K |
| Vision | AMERITAS LIFE INSURANCE CORP | 924 | $371K |
| Stop-loss / reinsurancereinsurance | WELLNET | 494 | $684K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 924 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.