| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HPHG LLC5 Filed as: HPHG, LLC DBA 90 DEGREE BENEFITS | 4401 82ND ST, SUITE 1200 LUBBOCK, TX 79424 | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | $62K | — | $62K | 14.11% |
| HEALTHSURE INSURANCE SERVICES3 | 5900 SOUTHWEST PKWY BLDG 2, STE 200 AUSTIN, TX 78735 | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | $40K | — | $40K | 9.05% |
| FAIR AMERICAN INSURANCE AND REINSUR0 | 165 BROADWAY NEW YORK, NY 10006 | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | $37K | — | $37K | 8.37% |
| RXBENEFITS, INC.0 | 3700 COLONADE PKWY, STE 600 BIRMINGHAM, AL 35243 | RXBENEFITS, INC. | — | $3K | $3K | — |
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 | 201 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 201 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | 201 | $442K |
| Prescription drug | RXBENEFITS, INC. | 189 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 201 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.