| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TFG FINANCIAL GROUP BENEFITS LLC3 Filed as: TFG FINANCIAL GROUP | 1754 EAST 70TH SHREVEPORT, LA 71105 | GUARDIAN LIFE INSURANCE | $28K | $8K | $36K | 12.79% |
| TFG FINANCIAL GROUP BENEFITS LLC3 Filed as: TFG FINANCIAL GROUP | 1754 EAST 70TH SHREVEPORT, LA 711055213 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $26K | $3K | $29K | 16.97% |
| TFG FINANCIAL GROUP BENEFITS LLC3 | 1754 E 70TH STREET SHREVEPORT, LA 711055213 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $13K | $462 | $13K | 15.55% |
| TFG FINANCIAL GROUP BENEFITS LLC3 Filed as: TFG FINANCIAL GROUP | 1754 EAST 70TH STREET SHAREVEPORT, LA 71105 | GUARDIAN LIFE INSURANCE | $4K | $2K | $6K | 11.21% |
| THE PRODUCERS GROUP, INC3 Filed as: THE PRODUCERS GROUP INC | 3939 N CAUSEWAY BLVD METAIRIE, LA 70002 | GUARDIAN LIFE INSURANCE | $36 | — | $36 | 0.07% |
| TFG FINANCIAL GROUP BENEFITS LLC3 Filed as: TFG FINANCIAL GROUP | 1754 EAST 70TH SHREVEPORT, LA 71105 | STARMOUNT LIFE INSURANCE CO | $6K | — | $6K | 10.95% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INSURANCE MANAGEMENT SERVICES EIN 75-2355889 TPA | Claims processing; Plan Administrator Service code 12 | 731 N TAYLOR AMARILLO, TX 79105 | $194K |
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 | 654 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 654 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts) | GUARDIAN LIFE INSURANCE | 458 | $338K |
| Vision(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE | 309 | $107K |
| Life insurance(2 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 737 | $255K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 654 | $867K |
| Other(3 contracts, 2 carriers) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 737 | $320K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 737 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.