| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | PHOENIX EXCESS RISK | $64K | $24K | $88K | 20.71% |
| GR FINANCIAL DESIGN, INC.3 | PO BOX 639 SPRINGHILL, LA 71075 | PHOENIX EXCESS RISK | — | $5K | $5K | 1.27% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | ACCESS HEALTH | $4K | — | $4K | 17.61% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | PPO PLUS | $895 | — | $895 | 14.29% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | CIGNA | $1K | — | $1K | 20.01% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | VERITY HEALTHNET | $448 | — | $448 | 10.01% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | AMERICAN HEALTH HOLDING | $492 | — | $492 | 21.14% |
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 | 73 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 73 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHOENIX EXCESS RISK | 73 | $423K |
| Life insurance | CIGNA | 73 | $5K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK | 73 | $423K |
| Other(4 contracts, 4 carriers) | PHOENIX EXCESS RISK | 73 | $453K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 73 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.