| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURANCE MANAGEMENT SERVICES5 | 731 N TAYLOR AMARILLO, TX 79107 | SUNLIFE ASSURANCE COMPANY OF CANADA | — | $51K | $51K | 5.08% |
| INSURANCE MANAGEMENT SERVICES5 | 731 N TAYLOR AMARILLO, TX 79107 | AMERICAN UNITED LIFE INSURANCE COMPANY | $89K | — | $89K | 13.70% |
| IMS MARKETING, INC.5 Filed as: IMS MARKETING INC | 731 N TAYLOR ST AMARILLO, TX 79107 | VISION SERVICE PLAN | $4K | $15K | $19K | 12.48% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INSURANCE MANAGEMENT SERVICES EIN 75-2355889 THIRD PARTY ADMINISTRATOR | Plan Administrator; Claims processing Service code 12 | 731 N TAYLOR AMARILLO, TX 79107 | $457K |
| CIGNA HEALTH AND INS CO EIN 59-1031071 PPO NETWORK | Other insurance fees and expenses Service code 73 | 900 COTTAGE GROVE ROAD HARTFORD, CT 06152 | $210K |
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 | 1,149 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,149 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,149 | $1.0M |
| Vision | VISION SERVICE PLAN | 887 | $151K |
| Life insurance | AMERICAN UNITED LIFE INSURANCE COMPANY | 767 | $648K |
| Short-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 767 | $648K |
| Long-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 767 | $648K |
| Prescription drug | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,149 | $1.0M |
| Other | AMERICAN UNITED LIFE INSURANCE COMPANY | 767 | $648K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,149 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.