| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BEVCAP MANAGEMENT LLC3 | 120 W VIRGINIA ST STE 200 MCKINNEY, TX 750694496 | METROPOLITAN LIFE INSURANCE COMPANY | $31K | $92 | $31K | 8.05% |
| BEVCAP MANAGEMENT LLC3 | 120 W VIRGINIA ST STE 200 MCKINNEY, TX 750694496 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | $92 | $13K | 21.86% |
| BEVCAP MANAGEMENT LLC3 | 120 W VIRGINIA ST STE 200 MCKINNEY, TX 750694496 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | $92 | $10K | 21.86% |
| BEVCAP MANAGEMENT LLC3 | 120 W VIRGINIA ST STE 200 MCKINNEY, TX 750694496 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | $92 | $5K | 21.97% |
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 | 282 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 287 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 210 | $123K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 601 | $390K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 601 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.