| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GILSBAR, LLC5 Filed as: GILSBAR, INC. | P.O. BOX 998 COVINGTON, LA 70434 | COMPANION LIFE | $0 | $106K | $106K | 23.23% |
| LANDRY HARRIS & CO LLC3 Filed as: LANDRY, HARRIS & CO., INC. | P.O. BOX 2456 LAFAYETTE, LA 705022456 | COMPANION LIFE | $40K | — | $40K | 8.77% |
| LANDRY, HARRIS AND CO., INC.3 | P.O. BOX 2456 LAFAYETTE, LA 705022456 | COLONIAL LIFE | $40K | $10K | $49K | 26.85% |
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 | 322 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 322 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | COMPANION LIFE | 229 | $639K |
| Life insurance | COLONIAL LIFE | 200 | $184K |
| Stop-loss / reinsurancereinsurance | COLONIAL LIFE | 200 | $184K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 229 | — |
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.