| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SEAHORN AND HERRING INS. ASSOC., LL3 | PO BOX 2480 SAN ANGELO, TX 76902 | BLUE CROSS BLUE SHIELD OF TEXAS | $37K | $4K | $41K | 5.67% |
| SEAHORN AND HERRING INS. ASSOC., LL3 | PO BOX 2480 SAN ANGELO, TX 76902 | BLUE CROSS BLUE SHIELD OF TEXAS | $8K | $162 | $8K | 4.23% |
| SEAHORN AND HERRING INS. ASSOC., LL3 | PO BOX 2480 SAN ANGELO, TX 76902 | DEARBORN NATIONAL LIFE INSURANCE COMPANY | $21K | $0 | $21K | 14.54% |
| SEAHORN AND HERRING INS. ASSOC., LL3 | PO BOX 2480 SAN ANGELO, TX 76902 | HUMANA INSURANCE COMPANY | $816 | $0 | $816 | 10.83% |
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 | 226 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 226 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | BLUE CROSS BLUE SHIELD OF TEXAS | 96 | $904K |
| Dental | HUMANA INSURANCE COMPANY | 19 | $8K |
| Vision | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 206 | $145K |
| Life insurance | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 206 | $145K |
| Short-term disability | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 206 | $145K |
| Long-term disability | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 206 | $145K |
| Other | DEARBORN NATIONAL LIFE INSURANCE COMPANY | 206 | $145K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 206 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.