| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | PHOENIX EXCESS RISK | $105K | — | $105K | 15.00% |
| DONALD R MASSAD, APC3 Filed as: DONALD R. MASSAD, APC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 708093089 | STARMOUNT LIFE INS. CO. | $36K | — | $36K | 8.99% |
| DONALD R MASSAD, APC3 Filed as: DONALD R. MASSAD, APC | 4970 BLUEBONNET BLVD STE B BATON ROUGE, LA 70809 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $31K | — | $31K | 15.62% |
| FORESTER BENEFITS MANAGEMENT LLC3 | 8081 KINGSTON PIKE STE 50 KNOXVILLE, TN 37919 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $23K | $2K | $26K | 12.74% |
| FRANCIS B. CLEMENTS3 | 17501 JEFFERSON HWY SUITE A BATON ROUGE, LA 70817 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $13K | — | $13K | 6.57% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | S&S HEALTHCARE STRATEGIES | $13K | — | $13K | 11.76% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | AMERICAN HEALTH HOLDINGS | $18K | — | $18K | 49.38% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IMA, INC. EIN 72-0950191 CONTRACT | Claims processing Service code 12 | PO BOX 71120 BOSSIER CITY, LA 71171 | $152K |
| DONALD R. MASSAD, APC EIN 72-1322139 CONTRACT | Insurance agents and brokers Service code 22 | 4970 BLUEBONNET BLVD BATON ROUGE, LA 70809 | $91K |
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 | 547 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 547 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHOENIX EXCESS RISK | 547 | $701K |
| Dental | STARMOUNT LIFE INS. CO. | 561 | $396K |
| Vision | STARMOUNT LIFE INS. CO. | 561 | $396K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 164 | $202K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 164 | $202K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 164 | $202K |
| Prescription drug | PHOENIX EXCESS RISK | 547 | $701K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK | 547 | $701K |
| Other(2 contracts, 2 carriers) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 547 | $238K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 561 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.