| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VAN DYKE RANKIN FINANCIAL SERVICES3 Filed as: VAN DYKE RANKIN FINANCIAL SVCS | 211 S AUSTIN ST BRENHAM, TX 778333611 | PRINCIPAL LIFE INSURANCE COMPANY | — | $32K | $32K | 7.50% |
| BENEUSA LLC3 Filed as: BENEUSA, LLC | 1851 LAKE DR. W STE 350 CHANHASSEN, MN 553178567 | PRINCIPAL LIFE INSURANCE COMPANY | — | $21K | $21K | 5.00% |
| BENEFITS BROKERS EXCHANGE INC.3 | 1800 ST JAMES PLACE, STE 325 HOUSTON, TX 770564183 | PRINCIPAL LIFE INSURANCE COMPANY | — | $11K | $11K | 2.50% |
| BENEPLACE, INC.3 | PO BOX 203550 AUSTIN, TX 787203550 | VISION SERVICE PLAN | $22K | — | $22K | 10.38% |
| BENEPLACE, INC. Filed as: BENEPLACE, LLC | 9420 RESEARCH BLVD. AUSTIN, TX 78759 | RELIASTAR LIFE INSURANCE COMPANY | $16K | — | $16K | — |
| BENEPLACE, INC. Filed as: BENEPLACE, LLC | 9420 RESEARCH BLVD. AUSTIN, TX 78759 | RELIASTAR LIFE INSURANCE COMPANY | $27K | — | $27K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC EIN 36-3086057 | Plan Administrator Service code 14 | 200 W. ADAMS ST STE 500 CHICAGO, IL 60505 | $406K |
| PHCS EIN 04-3138814 | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | PO BOX D-3232 BOSTON, MA 022413232 | $138K |
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 | 2,925 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 44 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,969 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 1,482 | $207K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 3,040 | $423K |
| Other(2 contracts) | RELIASTAR LIFE INSURANCE COMPANY | 873 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,040 | — |
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.