| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STOCKET AND THOMAS AGENCY3 | 795 WOODLANDS PARKWAY, STE 106 RIDGELAND, MS 39157 | BLUE CROSS BLUE SHEILD OF MISSISSIPPI | $406K | — | $406K | 58.27% |
| STOCKET AND THOMAS AGENCY3 | 795 WOODLANDS PARKWAY, STE 106 RIDGELAND, MS 39157 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $37K | — | $37K | 9.70% |
| STOCKET AND THOMAS AGENCY3 | 795 WOODLANDS PARKWAY, STE 106 RIDGELAND, MS 39157 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHEILD EIN 64-0295748 NONE | Contract Administrator Service code 13 | — | $3.7M |
| IOWA BANKERS INSURANCE SERVICE EIN 42-0984998 NONE | Contract Administrator Service code 13 | — | $36K |
| HARPER RAINS KINIGHT & C0 EIN 64-0809101 PLAN AUDITOR | Accounting (including auditing) Service code 10 | — | $32K |
| CORBIN BIGGS EIN 64-0751580 CPA FIRM OF PLAN SPNSOR | Account maintenance fees Service code 65 | — | $10K |
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 | 2,710 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,710 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,710 | $381K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHEILD OF MISSISSIPPI | 2,710 | $697K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,710 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,710 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.