| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTUARY PKWY STE 375 ALPHARETTA, GA 30009 | HEALTH ADVANTAGE | — | $430K | $430K | 11.20% |
| STEPHENS INSURANCE LLC3 | 111 CENTER ST STE 1410 LITTLE ROCK, AR 72201 | HEALTH ADVANTAGE | $49K | — | $49K | 1.27% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | DELTA DENTAL PLAN OF ARKANSAS | $9K | — | $9K | 3.00% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $20K | — | $20K | 10.01% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTURAY PKWY STE 375 ALPHARETTA, GA 30009 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 1.00% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $11K | — | $11K | 15.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTURAY PKWY STE 375 ALPHARETTA, GA 30009 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $751 | — | $751 | 1.00% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $9K | — | $9K | 15.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTURAY PKWY STE 375 ALPHARETTA, GA 30009 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $633 | — | $633 | 1.00% |
| STEPHENS INSURANCE LLC3 | P.O. BOX 3507 LITTLE ROCK, AR 722033507 | VISION SERVICE PLAN | $6K | — | $6K | 10.01% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | — | $3K | 10.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTURAY PKWY STE 375 ALPHARETTA, GA 30009 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $253 | — | $253 | 1.00% |
| STEPHENS INSURANCE LLC3 | 111 CENTER STREET STE 1410 LITTLE ROCK, AR 72201 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $1K | — | $1K | 15.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1120 SANCTURAY PKWY STE 375 ALPHARETTA, GA 30009 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $71 | — | $71 | 1.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTH ADVANTAGE EIN 71-0747497 ADM SERVICES | Contract Administrator Service code 13 | — | $0 |
| STEPHENS INSURANCE INSURANCE BROKER | Insurance agents and brokers Service code 22 | 111 CENTER STREET ST 1410 LITTLE ROCK, AR 72201 | $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 | 781 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 781 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH ADVANTAGE | 781 | $3.8M |
| Dental | DELTA DENTAL PLAN OF ARKANSAS | 920 | $286K |
| Vision | VISION SERVICE PLAN | 299 | $61K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 437 | $25K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 432 | $204K |
| Prescription drug | HEALTH ADVANTAGE | 781 | $3.8M |
| Other(4 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 437 | $171K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 920 | — |
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.