| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INSURANCE SERVICES INC | PO BOX 3809 BATON ROUGE, LA 70821 | DELTA DENTAL INSURANCE COMPANY | $51K | — | $51K | 4.67% |
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INSURANCE SERVICES INC | PO BOX 3809 BATON ROUGE, LA 70821 | STARMOUNT LIFE INSURANCE COMPANY | $10K | — | $10K | 5.00% |
| BXS INSURANCE INC3 Filed as: BANCORPSOUTH INSURANCE SERVICES INC | PO BOX 250 GULFPORT, MS 39502 | ALLSTATE | $16K | — | $16K | 12.50% |
| JOSEPH H SHAW3 | 9008 RUSHING RIVER WAY NICEVILLE, FL 32578 | ALLSTATE | $332 | — | $332 | 0.26% |
| MICHAEL G KEMP3 | 820 JORDAN STREET SUITE 580 SHREVEPORT, LA 71101 | ALLSTATE | $37 | — | $37 | 0.03% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DIVERSIFIED BENEFIT SERVICES EIN 39-1695622 FLEX SPENDING ACCT ADMIN | Claims processing Service code 12 | — | $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 | 3,082 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 3,082 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ALLSTATE | 538 | $130K |
| Dental | DELTA DENTAL INSURANCE COMPANY | 1,969 | $1.1M |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 1,739 | $202K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,969 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.