| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDGAR CARTER3 | 5944 LUTHER LANE SUITE 307 DALLAS, TX 75225 | BLUE CROSS BLUE SHIELD OF TEXAS | $113K | $3K | $116K | 53.03% |
| EDGAR CARTER3 | 5944 LUTHER LANE SUITE 307 DALLAS, TX 75225 | DEARBORN NATIONAL LIFE INSURANCE CO | $12K | — | $12K | 13.69% |
| EDGAR CARTER3 Filed as: EDGAR L. CARTER | 4944 LUTHER LANE SUITE 307 DALLAS, TX 75225 | AMERITAS LIFE INSURANCE CO | $2K | — | $2K | 7.87% |
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 | 508 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 508 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF TEXAS | 508 | $219K |
| Dental | BLUE CROSS BLUE SHIELD OF TEXAS | 508 | $219K |
| Vision | AMERITAS LIFE INSURANCE CO | 319 | $19K |
| Life insurance | DEARBORN NATIONAL LIFE INSURANCE CO | 341 | $89K |
| Long-term disability | DEARBORN NATIONAL LIFE INSURANCE CO | 341 | $89K |
| Other | DEARBORN NATIONAL LIFE INSURANCE CO | 341 | $89K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 508 | — |
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.