| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC | PO BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $18K | $6K | $24K | 10.76% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC | P.O. BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $10K | $7K | $18K | 16.90% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC. | P.O. BOX 3809 BATON ROUGE, LA 708213809 | STARMOUNT LIFE INSURANCE COMPANY | $9K | — | $9K | 15.00% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC | P.O. BOX 3809 BATON ROUGE, LA 70821 | UNION SECURITY INSURANCE COMPANY | $4K | — | $4K | 10.07% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC | P.O. BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | $2K | $4K | 19.35% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC | P.O. BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $393 | $354 | $747 | 18.73% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNITED HEALTHCARE SERVICES, INC. EIN 41-1289245 CLAIMS PROCESSOR | Other services; Claims processing Service code 12 | — | $336K |
| BXS INSURANCE INC EIN 72-1381997 BROKER | Other commissions Service code 55 | — | $0 |
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 | 677 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 677 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | IRONSHORE INDEMNITY INC. | 590 | $531K |
| Dental(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 605 | $259K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 484 | $60K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 677 | $19K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 677 | $105K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 677 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 677 | — |
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.