| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRAD THIBODAUX AND ASSOCIATES INC3 | 12605 S HARRELL'S FERRY STE 8 BATON ROUGE, LA 708162563 | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | $45K | — | $45K | 5.35% |
| ROGERS BENEFIT GROUP INC3 | 3300 W ESPLANADE 210 METAIRIE, LA 70002 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $17K | $17K | 6.91% |
| BRAD THIBODAUX AND ASSOCIATES INC3 Filed as: BRAD THIBODAUX AND ASSOCIATES INC. | 12605 S HARRELL'S FERRY STE 8 BATON ROUGE, LA 708162563 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $12K | — | $12K | 4.63% |
| MJ INSURANCE3 Filed as: VARIOUS AGENTS | 12605 S HARRELLS FERRY BATON ROUGE, LA 70816 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $44K | $4K | $48K | 22.82% |
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 | 153 | 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) | 153 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 216 | $1.1M |
| Dental(2 contracts, 2 carriers) | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 216 | $1.1M |
| Vision(2 contracts, 2 carriers) | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 216 | $1.1M |
| Life insurance | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 216 | $836K |
| Prescription drug | HUMANA HEALTH BENEFIT PLAN OF LOUISIANA, INC. | 216 | $836K |
| Other | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 137 | $209K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 216 | — |
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."
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.