| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MEMBER BENEFITS, INC.5 | 919 CONGRESS AVENUE, SUITE 720 AUSTIN, TX 78701 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $1.2M | $1.2M | 29.41% |
| MEMBER BENEFITS, INC.5 | 919 CONGRESS AVENUE SUITE 720 AUSTIN, TX 78701 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $282K | $282K | 19.17% |
| MEMBER BENEFITS, INC.5 | 919 CONGRESS AVENUE, SUITE 720 AUSTIN, TX 78701 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $51K | $51K | 28.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MEMBER BENEFITS EIN 59-2442511 NONE | Insurance services Service code 23 | — | $65K |
| RSM US LLP EIN 42-0714325 NONE | Accounting (including auditing) Service code 10 | — | $19K |
| MARSH WORTHAM EIN 36-1436000 NONE | Insurance services Service code 23 | — | $11K |
| LKJG, INC. EIN 59-3606743 NONE | Accounting (including auditing) Service code 10 | — | $11K |
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 | 5,570 | 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) | 5,570 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 8,228 | $4.2M |
| Short-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 5,178 | $4.0M |
| Long-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 1,027 | $1.5M |
| Other | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 8,228 | $182K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,228 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.