| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT CONCEPTS INC3 | 1173 BRITTMOORE HOUSTON, TN 77043 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $105K | — | $105K | 5.00% |
| BENEFIT CONCEPTS INC3 | 1173 BRITTMORE HOUSTON, TX 77043 | UNION SECURITY INSURANCE COMPANY | $6K | — | $6K | 5.78% |
| BENEFIT CONCEPT INC3 | 1173 BRITTMOORE RD HOUSTON, TX 770435003 | PRINCIPAL LIFE INSURANE COMPANY | $10K | — | $10K | 10.00% |
| REWH3 | 7900 LOWRY EXPRESSWAY TEXAS CITY, TX 77591 | FIRST CONTINENTAL LIFE AND ACCIDENT INSURANCE CO. | $5K | — | $5K | 8.36% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT CONCEPTS INC EIN 76-0064452 BROKER | Insurance agents and brokers Service code 22 | 1173 BRITTMORE HOUSTON, TX 77043 | $121K |
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 | 206 | 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) | 206 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 222 | $2.1M |
| Life insurance | PRINCIPAL LIFE INSURANE COMPANY | 185 | $96K |
| Long-term disability | PRINCIPAL LIFE INSURANE COMPANY | 185 | $96K |
| Other | UNION SECURITY INSURANCE COMPANY | 206 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 222 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.