| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BANCORP SOUTH INSUR SERVCS INC3 | 4041 ESSEN LN. SUITE 400 BATON ROUGE, LA 70809 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | — | $6K | 10.46% |
| BXS INSURANCE INC3 Filed as: BXS INSURANCE, INC. | 8315 CANTRELL ROAD LITTLE ROCK, AR 72227 | GUARDIAN | $479 | $175 | $654 | 1.60% |
| BANCORP SOUTH INSUR SERVCS INC3 | 8315 CANTRELL ROAD SUITE 300 LITTLE ROCK, AR 72227 | SUPERIOR VISION PLAN | $754 | — | $754 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHFIRST TPA, INC. EIN 75-2348381 CONTRACT ADMINISTRATOR | Claims processing Service code 12 | 821 EAST SOUTH LOOP 323 SUITE 200 AMERICAN CENTER TYLER, TX 75701 | $73K |
| BANCORP SOUTH BROKER | Custodial (securities) Service code 19 | 8315 CANTRELL ROAD LITTLE ROCK, AR 72227 | $21K |
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 | 160 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 160 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 252 | $60K |
| Vision | SUPERIOR VISION PLAN | 119 | $15K |
| Other | GUARDIAN | 73 | $41K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 252 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.