| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | PHOENIX EXCESS RISK | $92K | — | $92K | 15.00% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | PPO PLUS | $10K | — | $10K | 35.51% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | ACCESS HEALTH | $5K | — | $5K | 19.14% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | VERITY HEALTHNET | $8K | — | $8K | 33.33% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | AMERICAN HEALTH HOLDING | $6K | — | $6K | 54.11% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IMA, INC. EIN 72-0950191 CONTRACT | Contract Administrator; Claims processing Service code 12 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | $108K |
| J. AARON COOPER, CPA, LLC EIN 35-2331721 CONTRACT | Accounting (including auditing) Service code 10 | P.O. BOX 918 JENNINGS, LA 70546 | $6K |
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 | 343 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 343 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHOENIX EXCESS RISK | 343 | $613K |
| Prescription drug | PHOENIX EXCESS RISK | 343 | $613K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK | 343 | $613K |
| Other(2 contracts, 2 carriers) | ACCESS HEALTH | 343 | $36K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 343 | — |
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.