| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAGAINS, CHRISTOPHER E3 | 5209 SUNWOOD CIRCLE FORT WORTH, TX 76123 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $8K | — | $8K | 6.57% |
| NY LIFE SECURITIES LLC3 | 51 MADISON AVE ROOM 251 ATTN MARK BADLU NEW YORK, NY 10010 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $853 | $853 | 0.70% |
| HAGAINS, CHRISTOPHER E3 | 5209 SUNWOOD CIRCLE FORT WORTH, TX 76123 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 15.33% |
| NYLIFE SECURITIES LLC3 | 51 MADISON AVENUE, ROOM 251 ATTN MARK BADLU NEW YORK, NY 10010 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $172 | $172 | 0.77% |
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 | 188 | 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) | 188 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AMERITAS LIFE INSURANCE CORP. | 270 | $86K |
| Vision | AMERITAS LIFE INSURANCE CORP. | 270 | $86K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 188 | $145K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 188 | $123K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 188 | $145K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 270 | — |
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.