| 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 | $369K | — | $369K | 74.83% |
| STOCKET AND THOMAS AGENCY3 | 795 WOODLANDS PARKWAY, STE 106 RIDGELAND, MS 39157 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $30K | — | $30K | 8.02% |
| STOCKET AND THOMAS AGENCY3 | 795 WOODLANDS PARKWAY, STE 106 RIDGELAND, MS 39157 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $5K | — | $5K | 10.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHEILD EIN 64-0295748 NONE | Contract Administrator Service code 13 | — | $3.1M |
| GRANTHAMPOOLE PLLC EIN 64-0903390 PLAN AUDITOR | Accounting (including auditing) Service code 10 | — | $35K |
| IOWA BANKERS INSURANCE SERVICE EIN 42-0984998 NONE | Contract Administrator Service code 13 | — | $33K |
| CORBIN BIGGS EIN 64-0751580 CPA FIRM OF PLAN SPNSOR | Account maintenance fees Service code 65 | — | $7K |
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 | 2,453 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,453 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,286 | $375K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHEILD OF MISSISSIPPI | 2,453 | $493K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,286 | $44K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,453 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.