| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 Filed as: GBS HOUSTON INC | 9575 KATY FREEWAY HOUSTON, TX 77024 | BLUECROSS BLUESHIELD OF TEXAS | $13K | $4 | $13K | 2.80% |
| PROPEL INSURANCE AGENCY LLC3 Filed as: PROPEL INSURANCE AGENCY, LLC | PO BOX 2940 TACOMA, WA 98401 | BLUECROSS BLUESHIELD OF TEXAS | $9K | $3 | $9K | 1.92% |
| GBS BENEFITS INC3 Filed as: GBS HOUSTON INC | 9575 KATY FREEWAY #150 HOUSTON, TX 77024 | GUARDIAN | $7K | — | $7K | 8.17% |
| PROPEL INSURANCE AGENCY LLC3 | 1201 PACIFIC AVE SUITE 1000 TACOMA, WA 98402 | GUARDIAN | $4K | — | $4K | 4.30% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | — | GUARDIAN | — | $4K | $4K | 4.14% |
| THE CASON GROUP INC3 | 1612 MARION STREET 4TH FLOOR COLUMBIA, SC 29201 | GUARDIAN | $2K | $141 | $2K | 1.93% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER BENEFITS LLC | 2734 N MILDRED AVE #3 CHICAGO, IL 60618 | GUARDIAN | $874 | — | $874 | 0.97% |
| PACIFIC ADVISORS LLC3 | — | GUARDIAN | $59 | — | $59 | 0.07% |
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 | 103 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 103 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF TEXAS | 75 | $455K |
| Dental | GUARDIAN | 95 | $90K |
| Vision | GUARDIAN | 95 | $90K |
| Life insurance | GUARDIAN | 95 | $90K |
| Short-term disability | GUARDIAN | 95 | $90K |
| Long-term disability | GUARDIAN | 95 | $90K |
| Other | GUARDIAN | 95 | $90K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 95 | — |
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.