| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFITS CONCEPTS INC3 Filed as: BENEFITS CONCEPTS INC. | 1173 BRITTMOORE RD HOUSTON, TX 77043 | GRAVIE, INC. | $42K | $0 | $42K | 5.88% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS, INC. | 1173 BRITTMOORE RD HOUSTON, TX 77043 | PRINCIPAL LIFE INSURANCE COMPANY | $14K | $1K | $16K | 11.41% |
| CENTRO BENEFITS RESEARCH LLC3 | 200 GALLERIA PKWY, STE 1950 ATLANTA, GA 30339 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | $0 | $4K | 2.66% |
| BCI INSURANCE SOLUTIONS, INC.3 | 1173 BRITTMOORE RD HOUSTON, TX 77043 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 0.93% |
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 | 131 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 132 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | GRAVIE, INC. | 157 | $709K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $137K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 204 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.