| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KAINOS PARTNERS, INC.3 | 16545 VILLAGE DRIVE BLDG B JERSEY VILLAGE, TX 77040 | PRINCIPAL LIFE INSURANCE COMPANY | $37K | $401 | $37K | 8.55% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS OF HOUSTON, LLC | 18050 SATURN LANE STE 340 HOUSTON, TX 77058 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | — | $17K | 3.98% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| KAINOS PARTNERS BROKER | Contract Administrator; Claims processing Service code 12 | 16545 VILLAGE DRIVE BLDG B JERSEY VILLAGE, TX 77040 | $120K |
| HPHG, LLC DBA 90 DEGREE BENEFITS EIN 26-1569907 TPA | Claims processing; Contract Administrator Service code 12 | — | $91K |
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 | 558 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 559 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 558 | $432K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 558 | $432K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 558 | $432K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 558 | $432K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 558 | $432K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 558 | — |
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.