| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| REGIONS INSURANCE INC3 Filed as: REGIONS INSURANCE, INC. | — | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $519 | $3K | 8.28% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| USABLE ADMINISTRATORS NONE | Claims processing Service code 12 | 516 E. MILSAPS ROAD, SUITE103 FAYETTEVILLE, AR 72703 | $383K |
| REGIONS INSURANCE NONE | Consulting (general) Service code 16 | 1500 RIVERFRONT DRIVE LITTLE ROCK, AR 72202 | $62K |
| THOMAS & THOMAS LLP NONE | Accounting (including auditing) Service code 10 | 201 E. MARKHAM, SUITE 500 LITTLE ROCK, AR 72201 | $10K |
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 | 795 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 806 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 793 | $31K |
| Stop-loss / reinsurancereinsurance | BERKELY LIFE AND HEALTH INSURANCE CO. | 769 | $583K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 793 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 793 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.