| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IPS ADVISORS3 Filed as: IPS ADVISORS, INC | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $8K | — | $8K | 15.00% |
| IPS ADVISORS3 Filed as: IPS ADVISORS, INC | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | UNITED OF OMAHA LIFE INSURANCE COMPANY | — | $887 | $887 | 1.74% |
| IPS ADVISORS3 Filed as: IPS ADVISORS, INC. | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $5K | $1K | $6K | 18.01% |
| IPS ADVISORS3 Filed as: IPS ADVISORS, INC. | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $5K | $564 | $5K | 16.76% |
| IPS ADVISORS3 | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $4K | $438 | $4K | 16.82% |
| IPS ADVISORS3 Filed as: IPS ADVISORS, INC | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | HUMANA | $477 | $2K | $3K | 12.06% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IPS ADVISORS, INC. CONSULTANT | Insurance agents and brokers Service code 22 | 10000 N CENTRAL EXPY STE 1100 DALLAS, TX 75231 | $18K |
| EDWARDS AND LEATHERS, P.C. EIN 20-8739519 AUDITOR | Accounting (including auditing) Service code 10 | PO BOX 860 BAYTOWN, TX 77522 | $8K |
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 | 315 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 315 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | HUMANA | 157 | $23K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 315 | $32K |
| Stop-loss / reinsurancereinsurance | MERITAIN HEALTH | 315 | $567K |
| Other(4 contracts, 2 carriers) | ARMADACARE | 315 | $214K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 315 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.