| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BXS INSURANCE INC3 Filed as: CADENCE INSURANCE INC | 4041 ESSEN LN STE 400 BATON ROUGE, LA 708097318 | METROPOLITAN LIFE INSURANCE COMPANY | $36K | $5K | $42K | 18.67% |
| BXS INSURANCE INC3 Filed as: CADENCE INSURANCE INC | P.O. BOX 250 GULFPORT, MS 395020250 | METROPOLITAN LIFE INSURANCE COMPANY | $380 | — | $380 | 0.17% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC. | 2201 FAIR PARK BLVD FL 3 JONESBORO, AR 72401 | DELTA DENTAL PLAN OF ARKANSAS | $6K | — | $6K | 4.59% |
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INSURANCE SERVICE | P.O. BOX 251510 LITTLE ROCK, AR 722251510 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $3K | — | $3K | 10.88% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX, INC. EIN 33-0441200 PHARMACY BENEFIT MGMT | Direct payment from the plan; Claims processing; Float revenue; Other fees Service code 12 | — | $342K |
| UMR, INC. EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $181K |
| BXS INSURANCE INC. EIN 72-1381997 BROKER | Other commissions Service code 55 | PO BOX 3809 BATON ROUGE, LA 708213809 | $27K |
| CADENCE INSURANCE INC EIN 72-1381997 BROKER | Other commissions Service code 55 | 4041 ESSEN LANE, SUITE 400 BATON ROUGE, LA 70809 | $19K |
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 | 265 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 265 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL PLAN OF ARKANSAS | 385 | $127K |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 246 | $26K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 569 | $223K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 569 | $223K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 569 | $223K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 216 | $285K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 569 | $223K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 569 | — |
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.