| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ROBERT L. MOODY, JR.3 Filed as: ROBERT MOODY JR | 2302 POST OFFICE, SUITE 601 GALVESTON, TX 77550 | AETNA LIFE INSURANCE COMPANY | $3K | — | $3K | 0.24% |
| BENEFIT CONCEPTS INC3 | 1173 BRITTMORE HOUSTON, TX 77043 | AETNA LIFE INSURANCE COMPANY | $690 | — | $690 | 0.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ROBERT MOODY JR SHAREHOLDER | Insurance agents and brokers Service code 22 | 2302 POST OFFICE, SUITE 601 GALVESTON, TX 77550 | $71K |
| BENEFIT CONCEPTS INC. EIN 76-0064452 VENDOR | Other fees Service code 99 | — | $0 |
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 | 132 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 132 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 209 | $1.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 209 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.