| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| N/A3 | — | UNITEDHEALTHCARE INSURANCE COMPANY | — | — | $0 | 0.00% |
| BAILEY & ASSOCIATES FINANCIAL3 Filed as: BAILEY & ASSOCIATES FINANCIAL SERVI | 1201 WASHINGTON AVE WACO, TX 76703 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | — | $0 | 0.00% |
| INSURORS OF TEXAS GENERAL AGENCY3 Filed as: INSURORS OF TEXAS GENERAL AGENCY, I | 225 S 5TH ST WACO, TX 76701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | — | $0 | 0.00% |
| PROVIDENCE ADMINISTRATIVE SERVICES5 Filed as: PROVIDENCE ADMINISTRATIVE SERVICES, | P.O. BOX 700370 SAN ANTONIO, TX 78270 | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | $0 | $9K | $9K | — |
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 | 477 | 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) | 477 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 477 | $2.4M |
| Dental | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | 286 | $0 |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 307 | $102K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 307 | $102K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 307 | $102K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 477 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.