| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAINES INSURANCE & FIN SERVICES LLP3 Filed as: DAINES INSURANCE | 5806 SUMMERFIELD DR. TEXARKANA, TX 75503 | AMERITAS LIFE INSURANCE CORP. | $9K | $557 | $10K | 10.61% |
| DAINES INSURANCE & FIN SERVICES LLP3 Filed as: DAINES INSURANCE | 5806 SUMMERFIELD DR. TEXARKANA, TX 75503 | CONTINENTAL AMERICAN INSURANCE COMPANY | $15K | — | $15K | 25.00% |
| DAINES INSURANCE & FIN SERVICES LLP3 Filed as: DAINES INSURANCE | 5806 SUMMERFIELD DR. TEXARKANA, TX 75503 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $945 | — | $945 | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHFIRST TPA, INC. EIN 75-2348381 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | 821 EAST SOUTH LOOP 323 STE. 200 AMERICAN CENTER TYLER, TX 75701 | $47K |
| DAINES INSURANCE EIN 75-2966965 BROKER | Insurance agents and brokers Service code 22 | 5806 SUMMERFIELD DR. TEXARKANA, TX 75503 | $29K |
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 | 257 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 257 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AMERITAS LIFE INSURANCE CORP. | 288 | $92K |
| Vision | AMERITAS LIFE INSURANCE CORP. | 288 | $92K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 257 | $6K |
| Other | CONTINENTAL AMERICAN INSURANCE COMPANY | 135 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 288 | — |
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.