| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAINES INSURANCE & FIN SERVICES LLP3 | 5806 SUMMERFIELD DRIVE TEXARKANA, TX 75503 | USABLE LIFE | $73K | — | $73K | 17.73% |
| KAYLA PROPPS3 | 130 HEMPSTEQAD 353 NASHVILLE, AR 71852 | USABLE LIFE | $13K | — | $13K | 3.02% |
| JERRY DUNCAN3 | C/O ARKANSAS BLUE CROSS BLUE SHIELD 516 EAST MILLSAP ROAD, SUITE 103 FAYETTEVILLE, AR 72703 | USABLE LIFE | $3K | — | $3K | 0.60% |
| EDDIE J DAINES3 | 5806 SUMMERFIELD DRIVE TEXARKANA, TX 755034305 | TRANSAMERICA LIFE INSURANCE COMPANY | $17K | — | $17K | 15.17% |
| CHAD PANEPINTO3 | 5740 MARTEL AVE, SUITE B12 DALLAS, TX 75206 | TRANSAMERICA LIFE INSURANCE COMPANY | $17K | — | $17K | 15.17% |
| DAINES INSURANCE & FIN SERVICES LLP3 | 5806 SUMMERFIELD DRIVE TEX, TX 755034305 | VISION SERVICE PLAN | $5K | — | $5K | 10.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO. EIN 59-1031071 NONE | Float revenue; Claims processing; Participant communication; Other services; Named fiduciary; Non-monetary compensation; Direct payment from the plan; Contract Administrator Service code 12 | — | $149K |
| DELTA DENTAL OF ARKANSAS EIN 71-0561140 NONE | Contract Administrator Service code 13 | — | $12K |
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 | 679 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 681 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | VISION SERVICE PLAN | 312 | $49K |
| Vision | VISION SERVICE PLAN | 312 | $49K |
| Life insurance | USABLE LIFE | 679 | $414K |
| Short-term disability | USABLE LIFE | 679 | $414K |
| Long-term disability | USABLE LIFE | 679 | $414K |
| Other(2 contracts, 2 carriers) | USABLE LIFE | 679 | $525K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 679 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.