| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SA BENEFITS3 | 5616 LOAN STAR PKWY, SUITE 102 SAN ANTONIO, TX 78253 | COMPANION LIFE INSURANCE COMPANY | $25K | — | $25K | 6.68% |
| LIPSCOMB & PITTS INSURANCE LLC3 Filed as: LIPSCOMB AND PITTS INSURANCE LLC | 2670 UNION AVE EXTENDED MEMPHIS, TN 38112 | COMPANION LIFE INSURANCE COMPANY | $19K | — | $19K | 5.01% |
| IBX3 | 1120 SANCTUARY PKWY, SUITE 375 ALPHARETTA, GA 30009 | COMPANION LIFE INSURANCE COMPANY | $4K | — | $4K | 1.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 CLAIMS ADMINISTRATOR | Float revenue; Claims processing; Participant communication; Other services; Direct payment from the plan; Named fiduciary; Non-monetary compensation; Contract Administrator Service code 12 | — | $444K |
| HEALTHIEST YOU EIN 30-0947669 | Other services Service code 49 | 5350 E HIGH ST, STE 350 PHOENIX, AZ 85054 | $44K |
| BKD, LLP EIN 44-0106260 AUDITOR & TAX PREPARER | Accounting (including auditing) Service code 10 | — | $15K |
| LIPSCOMB & PITTS COMPANY BROKER | Insurance agents and brokers Service code 22 | 2670 UNION AVE EXT 100 MEMPHIS, TN 38112 | $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 | 608 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 610 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | COMPANION LIFE INSURANCE COMPANY | 610 | $375K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 610 | — |
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.
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.