| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAINES INSURANCE & FIN SERVICES LLP3 | 5806 SUMMERFIELD DRIVE TEXARKANA, TX 75503 | USABLE LIFE | $66K | — | $66K | 17.69% |
| KAYLA PROPPS3 | 130 HEMPSTEAD 353 NASHVILLE, AR 71852 | USABLE LIFE | $11K | — | $11K | 2.99% |
| JERRY DUNCAN3 | C/O ARKANSAS BLUE CROSS BLUE SHIELD 516 EAST MILLSAP ROAD, SUITE 103 FAYETTEVILLE, AR 72703 | USABLE LIFE | $2K | — | $2K | 0.60% |
| EDDIE J DAINES3 | 5806 SUMMERFIELD DRIVE TEXARKANA, TX 755034305 | TRANSAMERICA LIFE INSURANCE COMPANY | $11K | — | $11K | 13.12% |
| CHAD PANEPINTO3 | 5740 MARTEL AVE, SUITE B12 DALLAS, TX 75206 | TRANSAMERICA LIFE INSURANCE COMPANY | $12 | — | $12 | 0.01% |
| DAINES INSURANCE & FIN SERVICES LLP3 | 5806 SUMMERFIELD DRIVE TEXARKANA, TX 755034305 | VISION SERVICE PLAN | $4K | — | $4K | 10.02% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO. EIN 59-1031071 NONE | Participant communication; Named fiduciary; Non-monetary compensation; Float revenue; Other services; Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $361K |
| DELTA DENTAL OF ARKANSAS EIN 71-0561140 NONE | Contract Administrator Service code 13 | — | $888 |
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 | 419 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 420 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 303 | $44K |
| Life insurance | USABLE LIFE | 645 | $374K |
| Short-term disability | USABLE LIFE | 645 | $374K |
| Long-term disability | USABLE LIFE | 645 | $374K |
| Other(2 contracts, 2 carriers) | USABLE LIFE | 645 | $457K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 645 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.