| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $24K | $0 | $24K | 7.97% |
| HIGGINBOTHAM INS AGENCY INC3 Filed as: HIGGINBOTHAM INSURANCE AGENCY | PO BOX 908 FORT WORTH, TX 76101 | METROPOLITAN LIFE INSURANCE COMPANY | $20K | $107 | $20K | 6.71% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 757669201 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $11K | $11K | 3.50% |
| STAHL & ASSOCIATES INSURANCE INC.3 Filed as: STAHL & ASSOCIATES | 91 LAKE MORTON DR LAKELAND, FL 33801 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | $0 | $9K | 2.88% |
| ELAN BENEFITS FLORIDA LLC3 | 9350 S DIXIE HWY STE 155 MIAMI, FL 331562950 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $0 | $3K | 0.97% |
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 | 191 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 192 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,225 | $302K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,225 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.