| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MADISON BENEFITS GROUP INC3 | 11700 KATY FWY #1100 HOUSTON, TX 77079 | GERBER LIFE | $46K | — | $46K | 12.63% |
| PAUL GLOBAL BENEFITS INC3 Filed as: PAUL GLOBAL BENEFITS INC. | 6851 JERICHO TURNPIKE SUITE 270 SYOSSET, NY 11761 | GERBER LIFE | $4K | — | $4K | 1.17% |
| MADISION BENEFITS GROUP INC3 | 5151 SAN FELIPE ST 17 FL HOUSTON, TX 77056 | FIRST UNUM LIFE INSURANCE COMPANY | $18K | — | $18K | 11.06% |
| MADISON BENEFITS GROUP INC3 | 5151 SAN FELIPE ST 17 FL HOUSTON, TX 77056 | FIRST UNUM LIFE INSURANCE COMPANY | $3K | — | $3K | 9.40% |
| HIGGINBOTHAM INS AGENCY INC3 Filed as: HIGGINBOTHAM INSURANCE AGENCY INC | 500 WEST 13TH ST FORT WORTH, TX 761024657 | VISION SERVICE PLAN | $1K | — | $1K | 4.29% |
| PAUL GLOBAL BENEFITS INC3 | 6851 JERICHO TURNPIKE SUITE 270 SYOSSET, NY 117914494 | VISION SERVICE PLAN | $64 | — | $64 | 0.19% |
| MADISION BENEFITS GROUP INC3 | 5151 SAN FELIPE ST 17 FL HOUSTON, TX 77056 | FIRST UNUM LIFE INSURANCE COMPANY | $274 | — | $274 | 10.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR, INC. EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $188K |
| MADISON BENEFITS GROUP INC EIN 26-3296394 BROKER | Other commissions Service code 55 | 11700 KATY FWY #1100 HOUSTON, TX 77079 | $11K |
| PAUL GLOBAL BENEFITS INC EIN 26-2276920 BROKER | Other commissions Service code 55 | 6851 JERICHO TURNPIKE SUITE 270 SYOSSET, NY 11791 | $916 |
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 | 319 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 324 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 291 | $33K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 319 | $198K |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 319 | $162K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 319 | $162K |
| Stop-loss / reinsurancereinsurance | GERBER LIFE | 284 | $365K |
| Other(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 319 | $165K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 319 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.