| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INS SERVICES INC | P.O. BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $56K | — | $56K | 8.26% |
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INS SERVICES INC | P.O. BOX 250 GULFPORT, MS 39502 | SUN LIFE ASSURANCE COMPANY OF CANADA | $27K | — | $27K | 9.39% |
| BANCORP SOUTH INSURANCE SERVICES3 | P.O. BOX 250 GULFPORT, MS 39501 | EYEMED VISION CARE | $12K | — | $12K | 14.90% |
| INSURANCE BENEFIT ADVISORS3 Filed as: INSURANCE BENEFIT SERVICES | P.O. BOX 250 GULFPORT, MS 39502 | HARTFORD LIFE AND ACCIDENT | $443 | — | $443 | 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 | 1,144 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 39 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | EYEMED VISION CARE | 1,104 | $83K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,166 | $672K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 365 | $291K |
| Other | HARTFORD LIFE AND ACCIDENT | 394 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,166 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.