| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LEWIS WATKINS FARMER AGENCY INC3 Filed as: LEWIS WATKINS FARMER AGENCY | PO BOX 9369 AUSTIN, TX 78766 | HUMANA HEALTH PLAN OF TEXAS, INC. | $30K | $6K | $37K | 3.59% |
| LEWIS WATKINS FARMER AGY3 | PO BOX 9369 AUSTIN, TX 78766 | HUMANA INSURANCE COMPANY | $15K | $5K | $20K | 12.90% |
| LEWIS WATKINS FARMER AGENCY INC3 Filed as: LEWIS-WATKINS-FARMERAGENCY | 3834 SPICEWOOD SPRINGS ROAD SUITE 100 AUSTIN, TX 78759 | DEARBORN LIFE INSURANCE COMPANY | $23K | — | $23K | 15.01% |
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 | 157 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 162 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA HEALTH PLAN OF TEXAS, INC. | 131 | $1.0M |
| Dental | HUMANA INSURANCE COMPANY | 131 | $156K |
| Vision(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 157 | $310K |
| Life insurance | DEARBORN LIFE INSURANCE COMPANY | 157 | $155K |
| Short-term disability | DEARBORN LIFE INSURANCE COMPANY | 157 | $155K |
| Long-term disability | DEARBORN LIFE INSURANCE COMPANY | 157 | $155K |
| Other | DEARBORN LIFE INSURANCE COMPANY | 157 | $155K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 157 | — |
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.