| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SHEPARD & WALTON LIFE INSURANCE3 Filed as: SHEPARD & WALTON LIFE INSURANCE AGE | 1906 E TYLER AVE STE B HARLINGEN, TX 78550 | BLUE CROSS BLUE SHIELD | $34K | — | $34K | 3.47% |
| INSURORS OF TEXAS GENERAL AGCY LTD3 Filed as: INSURORS OF TEXAS GEN AGENCY LTD | 225 SOUTH FIFTH STREET WACO, TX 76701 | BLUE CROSS BLUE SHIELD | — | $4K | $4K | 0.45% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF HOUSTON, LLC | 6200 SAVOY DR SUITE 345 HOUSTON, TX 77036 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 10.89% |
| SHEPARD & WALTON LIFE INSURANCE3 Filed as: SHEPARD & WALTON LIFE INS | 8217 SHOAL CREEK BLVD STE 108 AUSTIN, TX 78757 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 8.46% |
| OPES ONE ADVISORS LLC3 | 15303 DALLAS PKWY ADDISON, TX 75001 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $56 | — | $56 | 0.08% |
| SHEPARD & WALTON LIFE INS AGENCY3 | 1906 E TYLER AVE STE B HARLINGEN, TX 78550 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $4K | $9K | 17.75% |
| SHEPARD & WALTON LIFE INSURANCE3 | P O BOX 1830 HARLINGEN, TX 78551 | HARTFORD LIFE AND ACCIDENT | $5K | — | $5K | 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 | 137 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 137 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD | 125 | $988K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 95 | $53K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 95 | $53K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 137 | $35K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 77 | $66K |
| Other(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 137 | $101K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 137 | — |
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.
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.