| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GILSBAR GROUP BENEFITS LLC Filed as: GILSBAR GROUP BENEFITS, LLC | 2100 COVINGTON CENTRE STE A COVINGTON, LA 70433 | BLUE CROSS BLUE SHIELD OF LOUISIANA | $71K | $34K | $104K | 5.17% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP INC-LA | 3900 N CAUSEWAY BLVD STE1042 METAIRIE, LA 70002 | UNITED HEALTHCARE INSURANCE COMPANY | $9K | $8K | $17K | 10.66% |
| GILSBAR GROUP BENEFITS LLC3 Filed as: GILSBAR GROUP BENEFITS, LLC | 2100 COVINGTON CENTRE STE A COVINGTON, LA 70433 | UNITED HEALTHCARE INSURANCE COMPANY | $15K | $0 | $15K | 9.11% |
| GILSBAR GROUP BENEFITS LLC Filed as: GILSBAR GROUP BENEFITS | 2100 COVINGTON CENTRE STE A COVINGTON, LA 70433 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $7K | $0 | $7K | 9.26% |
| BXS INSURANCE INC3 Filed as: CADENCE INSURANCE, INC | P O BOX 3809 BATON ROUGE, LA 70821 | RELIANCE STANDARD LIFE INSURANCE | $1K | $0 | $1K | 15.00% |
No Schedule C service providers reported on this filing.
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 | 193 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 53 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 246 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 144 | $2.0M |
| Dental | UNITED HEALTHCARE INSURANCE COMPANY | 370 | $162K |
| Vision | UNITED HEALTHCARE INSURANCE COMPANY | 370 | $162K |
| Life insurance(2 contracts, 2 carriers) | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 242 | $84K |
| Long-term disability | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 242 | $77K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF LOUISIANA | 144 | $2.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 370 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.