| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: AGM BENEFITS AN ALERA GROUP AGENCY | 8550 UNITED PLAZA BLVD SUITE 210 BATON ROUGE, LA 70809 | TRANSAMERICA LIFE INSURANCE COMPANY | $27K | — | $27K | 25.26% |
| EUSTIS BENEFITS LLC3 | 110 VETERANS MEMORIAL BLVD SUITE 200 METAIRIE, LA 70005 | TRANSAMERICA LIFE INSURANCE COMPANY | $7K | — | $7K | 7.02% |
| JOSEPH H SHAW3 | 9008 RUSHING RIVER WAY NICEVILLE, FL 32578 | TRANSAMERICA LIFE INSURANCE COMPANY | $398 | — | $398 | 0.38% |
| MARSH & MCLENNAN AGENCY LLC3 | 110 VETERANS MEMORIAL BLVD 200 METAIRIE, LA 70005 | TRANSAMERICA LIFE INSURANCE COMPANY | $288 | — | $288 | 0.27% |
| MARSH & MCLENNAN AGENCY LLC3 | 110 VETERANS MEMORIAL BLVD STE 200 METAIRIE, LA 70005 | COMPANION LIFE INSURANCE | $5K | — | $5K | 7.81% |
| EDWARD CHARLES BASSO II3 Filed as: EDWARD BASSO II | 71146 RIVERSIDE DR COVINGTON, LA 70433 | COMPANION LIFE INSURANCE | $3K | — | $3K | 4.68% |
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 | 1,114 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,114 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | COMPANION LIFE INSURANCE | 122 | $67K |
| Life insurance(2 contracts, 2 carriers) | TRANSAMERICA LIFE INSURANCE COMPANY | 122 | $172K |
| Short-term disability | TRANSAMERICA LIFE INSURANCE COMPANY | 116 | $105K |
| Other | TRANSAMERICA LIFE INSURANCE COMPANY | 116 | $105K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 122 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.