| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURANCE ADVISORY GROUP, LLC3 Filed as: INSURANCE ADVISORY GROUP | PO BOX 990 MERIDIAN, MS 39302 | UNITED HEALTHCARE INSURANCE COMPANY | $62K | $0 | $62K | 15.00% |
| INSURANCE ADVISORY GROUP, LLC3 Filed as: INSURANCE ADVISORY GROUP LLC | PO BOX 990 MERIDIAN, MS 39302 | GUARDIAN | $19K | $0 | $19K | 10.00% |
| INSURANCE ADVISORY GROUP, LLC3 Filed as: INSURANCE ADVISORY GROUP LLC | 900 2OTH AVE. MERIDIAN, MS 39301 | METLIFE INSURANCE COMPANY | $11K | $0 | $11K | 18.00% |
| EDWIN DEREK PEARCE3 | 623 PICKETTS MILL DR. SHREVEPORT, LA 71115 | METLIFE INSURANCE COMPANY | $671 | $0 | $671 | 1.11% |
| RAMONA S PEARCE3 | 432 GULDE RD. BRANDON, MS 39042 | METLIFE INSURANCE COMPANY | $644 | $0 | $644 | 1.07% |
| INSURANCE ADVISORY GROUP, LLC3 | PO BOX 990 MERIDIAN, MS 39302 | STARMOUNT LIFE INSURANCE COMPANY | $5K | $0 | $5K | 12.00% |
| INSURANCE ADVISORY GROUP, LLC3 | P.O. BOX 990 MERIDIAN, MS 39302 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | $0 | $2K | 7.50% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNITED HEALTHCARE SERVICES, INC EIN 41-1289245 CLAIMS PROCESSOR | Other services; Claims processing Service code 12 | — | $372K |
| INSURANCE ADVISORY GROUP LLC EIN 64-0892415 BROKER | Other commissions Service code 55 | PO BOX 990 MERIDIAN, MS 39302 | $28K |
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 | 923 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 923 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 821 | $194K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 705 | $38K |
| Prescription drug | RXBENEFITS,INC | 923 | $6K |
| Other(3 contracts, 3 carriers) | UNITED HEALTHCARE INSURANCE COMPANY | 905 | $506K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 923 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.