| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC3 Filed as: ALLIED BENEFIT SYSTEMS INC. | 200 WEST ADAMS ST. SUITE 500 CHICAGO, IL 60606 | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | $59K | — | $59K | 10.92% |
| PHCS | P.O. BOX D-3232 BOSTON, MA 02241 | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | $11K | — | $11K | 2.00% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS, INC. | 1825 BROTHERS BLVD COLLEGE STATION, TX 77845 | SUN LIFE ASSURANCE COMPANY OF CANADA | $8K | — | $8K | 4.50% |
| MGIS | 111 SOUTH MAIN STREET, SUITE 400 SALT LAKE CITY, UT 841112176 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | $180 | $180 | 0.10% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS, INC. | 1173 BRITTMOORE RD HOUSTON, TX 77043 | UNION SECURITY INSURANCE COMPANY | $6K | $2K | $8K | 5.50% |
| NFP INSURANCE SERVICES INC3 Filed as: NATIONAL FINANCIAL PARTNERS | 1250 CAPITAL OF TEXAS HWY BLDG 2 STE 600 AUSTIN, TX 78746 | UNION SECURITY INSURANCE COMPANY | — | $494 | $494 | 0.35% |
| BENEFITS CONCEPTS INC3 Filed as: BENEFITS CONCEPTS, INC. | 1825 BROTHERS BLVD COLLEGE STATION, TX 77845 | SUN LIFE ASSURANCE COMPANY OF CANADA | $8K | — | $8K | 8.00% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS, INC. | 1825 BROTHERS BLVD COLLEGE STATION, TX 77845 | SUN LIFE ASSURANCE COMPANY OF CANDA | $5K | — | $5K | 7.72% |
| BENEFIT CONCEPTS INC3 | 1173 BRITTMOORE RD HOUSTON, TX 77043 | UNION SECURITY INSURANCE COMPANY | $4K | $446 | $4K | 11.15% |
| NFP INSURANCE SERVICES INC3 Filed as: NATIONAL FINANCIAL PARTNERS | 1250 CAPITAL OF TEXAS HWY BLDG 2 STE 600 AUSTIN, TX 78746 | UNION SECURITY INSURANCE COMPANY | — | $104 | $104 | 0.27% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS INC. | 1173 BRITTMOORE RD HOUSTON, TX 77043 | UNION SECURITY INSURANCE COMPANY | $4K | $612 | $4K | 18.11% |
| NFP INSURANCE SERVICES INC3 Filed as: NATIONAL FINANCIAL PARTNERS | 1250 CAPITAL OF TEXAS HWY BLDG 2 STE 600 AUSTIN, TX 78746 | UNION SECURITY INSURANCE COMPANY | — | $71 | $71 | 0.31% |
| BENEFIT CONCEPTS INC3 | 1173 BRITTMOORE RD HOUSTON, TX 77043 | UNION SECURITY INSUANCE COMPANY | $3K | $639 | $4K | 17.94% |
| NFP INSURANCE SERVICES INC3 Filed as: NATIONAL FINANCIAL PARTNERS | 1250 CAPITAL OF TEXAS HWY BLDG 2 STE 600 AUSTIN, TX 78746 | UNION SECURITY INSUANCE COMPANY | — | $75 | $75 | 0.34% |
| BENEFIT CONCEPTS INC3 Filed as: BENEFIT CONCEPTS, INC. | 1825 BROTHERS BLVD COLLEGE STATION, TX 77845 | SUN LIFE ASSURANCE COMPANY OF CANADA | $669 | — | $669 | 4.19% |
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 | 375 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 375 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | UNION SECURITY INSURANCE COMPANY | 285 | $141K |
| Vision | UNION SECURITY INSURANCE COMPANY | 239 | $38K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANDA | 375 | $62K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 207 | $97K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 362 | $172K |
| Stop-loss / reinsurancereinsurance | FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY | 224 | $538K |
| Other(3 contracts, 3 carriers) | UNION SECURITY INSURANCE COMPANY | 190 | $61K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 375 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.