| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VERASOURCE3 Filed as: VERASOURCE EXCESS RISK, LTD. | — | GRANULAR INSURANCE COMPANY | — | $138K | $138K | 7.00% |
| BABCOCK CONSULTING GROUP LLC3 Filed as: BABCOCK CONSULTING GROUP | — | GRANULAR INSURANCE COMPANY | $134K | — | $134K | 6.75% |
| BABCOCK CONSULTING GROUP LLC3 | 5020 UTICA STREET METAIRIE, LA 70006 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $94K | — | $94K | 4.94% |
| GCG FINANCIAL LLC3 Filed as: AGM BENEFITS, AN ALERA GROUP AGENCY | 8550 UNITED PLAZA BOULEVARD SUITE 210 BATON ROUGE, LA 70809 | STANDARD INSURANCE COMPANY | $545K | $29K | $574K | 45.93% |
| BABCOCK CONSULTING GROUP LLC3 | 5020 UTICA STREET METAIRIE, LA 70006 | STANDARD INSURANCE COMPANY | $234K | — | $234K | 18.69% |
| BABCOCK CONSULTING GROUP LLC3 | 5020 UTICA STREET METAIRIE, LA 70006 | STANDARD INSURANCE COMPANY | $116K | $7K | $123K | 16.56% |
| BABCOCK CONSULTING GROUP LLC3 | 5020 UTICA STREET METAIRIE, LA 70006 | STANDARD INSURANCE COMPANY | $104K | $6K | $110K | 15.88% |
| BABCOCK CONSULTING GROUP LLC3 | 5020 UTICA STREET METAIRIE, LA 70006 | STANDARD INSURANCE COMPANY | $39K | $3K | $42K | 16.00% |
| BABCOCK CONSULTING GROUP LLC3 | — | METROPOLITAN LIFE INSURANCE COMPANY | $19K | — | $19K | 10.00% |
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 | 2,772 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 18 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 229 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,019 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 2,873 | $1.9M |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 2,819 | $190K |
| Life insurance | STANDARD INSURANCE COMPANY | 3,969 | $742K |
| Short-term disability | STANDARD INSURANCE COMPANY | 1,711 | $692K |
| Long-term disability | STANDARD INSURANCE COMPANY | 877 | $263K |
| Stop-loss / reinsurancereinsurance | GRANULAR INSURANCE COMPANY | 2,912 | $2.0M |
| Other(2 contracts) | STANDARD INSURANCE COMPANY | 3,969 | $2.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,969 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.