| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFITS MANAGEMENT GROUP3 | PO BOX 3340 MERIDIAN, MS 39303 | BLUE CROSS BLUE SHIELD OF MS, INC. | $63K | — | $63K | 3.17% |
| BENEFIT MANAGEMENT, INC.3 Filed as: BENEFIT MANAGEMENT GROUP, INC. | 3340 HWY 39N MERIDIAN, MS 39301 | METROPOLITAN LIFE INSURANCE COMPANY | $45K | $9K | $54K | 17.01% |
| BENEFITS MANAGEMENT GROUP3 Filed as: BENEFITS MANAGEMENT GROUP, INC. | 2011 23RD AVE MERIDIAN, MS 39301 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 8.22% |
| VANGUARD INSURANCE PARTNERS, INC.3 | 406 HIGHWAY 11 80 MERIDIAN, MS 39301 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 6.78% |
| ALLEN FINANCIAL GROUP, PA3 | P.O. BOX 13128 JACKSON, MS 39211 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $6 | — | $6 | 0.01% |
| BENEFITS MANAGEMENT GROUP3 Filed as: BENEFITS MANAGEMENT GROUP, INC. | 3420 HIGHWAY 39 N MERIDIAN, MS 39301 | AMERICAN UNITED LIFE INSURANCE COMPANY | $2K | — | $2K | 5.00% |
| VANGUARD INSURANCE PARTNERS, INC.3 | 3800 OLD HIGHWAY 45 N MERIDIAN, MS 393011517 | AMERICAN UNITED LIFE INSURANCE COMPANY | $2K | — | $2K | 4.99% |
| BENEFITS MANAGEMENT GROUP3 Filed as: BENEFITS MANAGEMENT GROUP INC. | 3420 HIGHWAY 39 N MERIDIAN, MS 39301 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 15.00% |
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 | 521 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 521 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MS, INC. | 467 | $2.0M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $317K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $317K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $317K |
| Short-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 115 | $36K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $317K |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $391K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 521 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.