| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 76101 | PRINCIPAL LIFE INSURANCE COMPANY | $15K | $8K | $23K | 16.72% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $7K | $13K | 9.29% |
| BENEPORT LLC3 Filed as: BENEPORT | — | COMBINED INSURANCE | $1K | $0 | $1K | 8.45% |
| GIS BENEFITS INC3 | — | COMBINED INSURANCE | $877 | $0 | $877 | 5.26% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 76101 | COMBINED INSURANCE | $307 | $0 | $307 | 1.84% |
| GIS BENEFITS INC3 | — | COMBINED INSURANCE | $791 | $0 | $791 | 10.88% |
| BENEPORT LLC3 Filed as: BENEPORT | — | COMBINED INSURANCE | $763 | $0 | $763 | 10.49% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 76101 | COMBINED INSURANCE | $164 | $0 | $164 | 2.26% |
| BENEPORT LLC3 Filed as: BENEPORT | — | COMBINED INSURANCE | $2K | $0 | $2K | 35.77% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS | — | COMBINED INSURANCE | $851 | $0 | $851 | 14.95% |
| HIGGINBOTHAM INS AGENCY INC3 | PO BOX 908 FORT WORTH, TX 76101 | COMBINED INSURANCE | $437 | $0 | $437 | 7.67% |
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 | 303 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 305 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 341 | $138K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 341 | $138K |
| Life insurance | COMBINED INSURANCE | 15 | $6K |
| Other(3 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 341 | $162K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 341 | — |
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.