| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROVIDENCE ADMINISTRATIVE SERVICES5 | P.O. BOX 700570 SAN ANTONIO, TX 782700570 | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | $0 | $85K | $85K | 16.04% |
| BAILEY & ASSOCIATES FINANCIAL3 Filed as: BAILEY & ASSOCIATES FINANCIAL SERVI | P.O. BOX 298 WACO, TX 767030298 | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | $69K | $6K | $75K | 13.99% |
| S&S HEALTHCARE5 Filed as: S & S HEALTHCARE | 1385 KEMPER MEADOW DRIVE CINCINNATI, OH 45204 | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | $0 | $38K | $38K | 7.17% |
| RECURO HEALTH INC5 Filed as: RECURO HEALTH, INC. | 450 N. FREEPORT PKWY, SUITE 1200 COPPELL, TX 75019 | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | $0 | $9K | $9K | 1.78% |
| BAILY & ASSOCIATES FINANCIAL3 | P O BOX 298 WACO, TX 76703 | STARMOUNT LIFE INSURANCE COMPANY | $10K | — | $10K | 10.00% |
| BAILEY & ASSOCIATES FINANCIAL3 Filed as: BAILEY & ASSOCIATES | P.O. BOX 298 WACO, TX 76703 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 6.89% |
| BAILEY & ASSOCIATES FINANCIAL3 Filed as: BAILEY & ASSOCIATES | P.O. BOX 298 WACO, TX 767030298 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 6.71% |
| BAILY & ASSOCIATES FINANCIAL3 | P.O. BOX 298 WACO, TX 76703 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 15.00% |
| BAILEY & ASSOCIATES FINANCIAL3 | P.O. BOX 298 WACO, TX 76703 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 15.00% |
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 | 189 | 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) | 189 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STARMOUNT LIFE INSURANCE COMPANY | 113 | $99K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 113 | $99K |
| Life insurance(3 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 189 | $218K |
| Long-term disability(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 189 | $178K |
| Stop-loss / reinsurancereinsurance | PROVIDENCE ADMINISTRATIVE SERVICES, INC. | 168 | $533K |
| Other(4 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 189 | $264K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 189 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.