| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 Filed as: IMA, INC | PO BOX 71120 BOSSIER CITY, LA 71171 | PHOENIX EXCESS RISK | $19K | $28K | $47K | 38.32% |
| IMA, INC.5 Filed as: IMA, INC | PO BOX 71120 BOSSIER CITY, LA 71171 | AMERITAS GROUP | $2K | — | $2K | 10.04% |
| IMA, INC.5 Filed as: IMA, INC | PO BOX 71120 BOSSIER CITY, LA 71171 | BOSTON MUTUAL | $2K | — | $2K | 16.81% |
| IMA, INC.5 Filed as: IMA, INC | PO BOX 71120 BOSSIER CITY, LA 71171 | VERITY | $682 | — | $682 | 10.53% |
| IMA, INC.5 Filed as: IMA, INC | PO BOX 71120 BOSSIER CITY, LA 71171 | MEDICAL HELPLINE | $1K | — | $1K | 39.12% |
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 | 55 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 55 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHOENIX EXCESS RISK | 55 | $123K |
| Dental | AMERITAS GROUP | 55 | $20K |
| Life insurance | BOSTON MUTUAL | 55 | $12K |
| Prescription drug | PHOENIX EXCESS RISK | 55 | $123K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK | 55 | $123K |
| Other(3 contracts, 3 carriers) | PHOENIX EXCESS RISK | 55 | $138K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 55 | — |
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.