| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DONALD R MASSAD, APC3 Filed as: DONALD R MASSAD PC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 70809 | BLUE CROSS BLUE SHIELD OF LOUISIANA | $43K | — | $43K | 4.73% |
| DONALD R MASSAD, APC3 Filed as: DONALD R MASSAD PC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 70809 | SUN LIFE ASSURANCE CO OF CANADA | $7K | — | $7K | 10.00% |
| DONALD R MASSAD, APC3 Filed as: DONALD R MASSAD PC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 70809 | AMERITAS LIFE INSURANCE CO | $3K | — | $3K | 5.17% |
| DONALD R MASSAD, APC3 Filed as: DONALD R MASSAD PC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 70809 | HUMANA INC | $1K | — | $1K | 11.41% |
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 | 132 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 133 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF LOUISIANA | 182 | $916K |
| Dental | AMERITAS LIFE INSURANCE CO | 292 | $49K |
| Vision | HUMANA INC | 101 | $9K |
| Life insurance | SUN LIFE ASSURANCE CO OF CANADA | 133 | $66K |
| Short-term disability | SUN LIFE ASSURANCE CO OF CANADA | 133 | $66K |
| Long-term disability | SUN LIFE ASSURANCE CO OF CANADA | 133 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 292 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.