| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC3 Filed as: BOWEN MICLETTE & BRITT INSURANCE | 1111 NORTH LOOP W STE 400 HOUSTON, TX 77008 | GUARDIAN | $21K | $4K | $26K | 12.62% |
| RJK & ASSOCIATES INC3 Filed as: RJK & ASSOCIATES, INC. | 6000 LAKE FOREST DRIVE SUITE 107 ATLANTA, GA 30328 | GUARDIAN | $2K | — | $2K | 1.02% |
| HEALTHSMART BENEFIT SOLUTIONS3 | PO BOX 14997 JACKSON, MS 39236 | GUARDIAN | $2K | — | $2K | 0.85% |
| LOCKTON COMPANIES, LLC3 Filed as: BOWEN MICLETTE & BRITT | 1111 N LOOP W #400 HOUSTON, TX 77008 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | $344 | $3K | 6.82% |
| HEALTHSMART BENEFIT SOLUTIONS3 | 602 VIRGINIA STREET EAST CHARLESTON, WV 25301 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 3.43% |
| RJK & ASSOCIATES INC3 | 1800 PEACHTREE ST NW SUITE 605 ATLANTA, GA 30309 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 2.38% |
| LOCKTON COMPANIES, LLC3 Filed as: BOWEN MICLETTE & BRITT | 1111 N LOOP W #400 HOUSTON, TX 77008 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6K | $303 | $6K | 15.76% |
| LOCKTON COMPANIES, LLC3 Filed as: BOWEN MICLETTE & BRITT | 1111 N LOOP W #400 HOUSTON, TX 77008 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | $206 | $4K | 15.79% |
| LOCKTON COMPANIES, LLC3 Filed as: BOWEN MICLETTE & BRITT | 1111 N LOOP W #400 HOUSTON, TX 77008 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $878 | $48 | $926 | 15.82% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INS COMPANY EIN 59-1031071 TPA | Direct payment from the plan; Named fiduciary; Participant communication; Other services; Claims processing; Non-monetary compensation; Contract Administrator; Float revenue Service code 12 | — | $404K |
| BOWEN MICLETTE & BRITT INSURANCE EIN 26-3860108 BROKER | Insurance agents and brokers Service code 22 | 1111 NORTH LOOP W STE 400 HOUSTON, TX 77008 | $140K |
| CIGNA | Participant communication; Named fiduciary; Other services; Non-monetary compensation; Claims processing; Contract Administrator; Float revenue; Direct payment from the plan Service code 12 | — | $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 | 323 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 323 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 396 | $203K |
| Vision | GUARDIAN | 396 | $203K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 855 | $43K |
| Short-term disability(2 contracts, 2 carriers) | GUARDIAN | 396 | $229K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 534 | $40K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 323 | $442K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 855 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 855 | — |
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.