| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VAN DYKE RANKIN FINANCIAL SERVICES3 Filed as: VAN DYKE RANKIN & COMPANY INC | 211 SOUTH AUSTIN STREET BRENHAM, TX 77833 | GUARDIAN | $16K | — | $16K | 3.80% |
| BENE USA LLC3 | 261 SCHOOL AVE SUITE 350 EXCELSIOR, MN 55331 | GUARDIAN | $12K | — | $12K | 3.00% |
| BENEFITS BROKERS EXCHANGE INC.3 | 1800 ST. JAMES PLACE SUITE 325 HOUSTON, TX 77056 | GUARDIAN | $5K | — | $5K | 1.20% |
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 | 3,141 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 3,141 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | GUARDIAN | 3,228 | $415K |
| Other | GUARDIAN | 3,228 | $415K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,228 | — |
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."
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.