| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | PHOENIX EXCESS RISK | $134K | — | $134K | 15.00% |
| DONALD R MASSAD, APC3 Filed as: DONALD R. MASSAD, APC | 6700 JEFFERSON HIGHWAY BATON ROUGE, LA 708063089 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $84K | — | $84K | 15.27% |
| FORESTER BENEFITS MANAGEMENT LLC3 Filed as: FORESTER BENEFITS MANAGEMENT, LLC | 1909 PINNACLE POINT WAY KNOXVILLE, TN 37922 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $62K | — | $62K | 11.31% |
| FRANCIS B. CLEMENTS3 | 17501 JEFFERSON HIGHWAY, SUITE A BATON ROUGE, LA 70817 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $39K | — | $39K | 7.09% |
| DONALD R MASSAD, APC3 Filed as: DONALD R. MASSAD, APC | 6700 JEFFERSON HIGHWAY BATON ROUGE, LA 708063089 | STARMOUNT LIFE INS. CO. | $30K | — | $30K | 10.00% |
| IMA, INC.5 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | S&S HEALTHCARE STRATEGIES | $14K | — | $14K | 11.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IMA, INC. EIN 72-0950191 CONTRACT | Claims processing Service code 12 | P.O. BOX 71120 BOSSIER CITY, LA 71171 | $155K |
| DONALD R. MASSAD, APC EIN 72-1322139 CONTRACT | Insurance agents and brokers Service code 22 | 6700 JEFFERSON HIGHWAY BATON ROUGE, LA 708063089 | $128K |
| FORESTER BENEFITS MANAGEMENT, LLC CONTRACT | Insurance agents and brokers Service code 22 | 1909 PINNACLE POINT WAY KNOXVILLE, TN 37922 | $13K |
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 | 644 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 644 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHOENIX EXCESS RISK | 644 | $896K |
| Dental | STARMOUNT LIFE INS. CO. | 676 | $301K |
| Vision | STARMOUNT LIFE INS. CO. | 676 | $301K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 498 | $551K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 498 | $551K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 498 | $551K |
| Prescription drug | PHOENIX EXCESS RISK | 644 | $896K |
| Stop-loss / reinsurancereinsurance | PHOENIX EXCESS RISK | 644 | $896K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 498 | $551K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 676 | — |
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.