| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EPSI BENEFITS, INC.3 | 2180 NORTH LOOP WEST, SUITE 400 HOUSTON, TX 77018 | HUMANA COMPBENEFITS | $62K | — | $62K | 7.45% |
| EPSI BENEFITS, INC.3 | 2180 NORTH LOOP WEST, SUITE 400 HOUSTON, TX 77018 | EYE MED | $18K | — | $18K | 9.98% |
| EPSI BENEFITS, INC.3 | 2180 NORTH LOOP WEST, SUITE 400 HOUSTON, TX 77018 | STANDARD INSURANCE COMPANY | $7K | — | $7K | 14.50% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON CHAPMANS EIN 74-2305238 | Contract Administrator Service code 13 | 9401 AMBERGLEN BLVD, BLDG I,STE 100 AUSTIN, TX 78729 | $175K |
| EMPLOYER PLAN SERVICES INC EIN 74-2124394 NONE | Claims processing Service code 12 | 2180 NORTH LOOP WEST, SUITE 400 HOUSTON, TX 77018 | $38K |
| EDWARD JONES EIN 43-1591643 CUSTODIAN | Investment management Service code 28 | 201 PROGRESS PARKWAY MARYLAND HEIGHTS, MO 63043 | $32K |
| MELTON & MELTON, L.L.P. EIN 74-1550819 NONE | Accounting (including auditing) Service code 10 | 6002 ROGERDALE, SUITE 200 HOUSTON, TX 77072 | $22K |
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 | 1,785 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,987 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 3,772 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HUMANA COMPBENEFITS | 1,670 | $830K |
| Dental | HUMANA COMPBENEFITS | 1,670 | $830K |
| Vision(2 contracts, 2 carriers) | HUMANA COMPBENEFITS | 2,987 | $1.0M |
| Other | STANDARD INSURANCE COMPANY | 3,200 | $46K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,200 | — |
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.