| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AXCESS FINANCIAL GROUP3 Filed as: AXCESS FINANCIAL | 6605 UPTOWN SQUARE NE SUITE 280 ABQ, NM 87110 | PRESBYTERIAN HEALTH PLAN INC | $21K | — | $21K | 12.37% |
| AXCESS FINANCIAL GROUP3 Filed as: AXCESS FINANCIAL | 6605 UPTOWN SQUARE NE SUITE 280 ABQ, NM 87110 | DELTA DENTAL OF NEW MEXICO | $6K | — | $6K | 14.98% |
| AXCESS FINANCIAL GROUP3 Filed as: AXCESS FINANCIAL | 6605 UPTOWN SQUARE NE SUITE 280 ABQ, NM 87110 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $341 | $6K | 86.72% |
| PARAGON PARTNERS LTD3 Filed as: PARAGON FINANCIAL GROUP | 9420 E DOUBLETREE RANCH RD STE C 10 SUITE 720 SCOTTSDALE, AZ 85258 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $486 | $2K | 30.63% |
No Schedule C service providers reported on this filing.
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 | 164 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 164 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PRESBYTERIAN HEALTH PLAN INC | 122 | $173K |
| Dental | DELTA DENTAL OF NEW MEXICO | 126 | $43K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 164 | $7K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 164 | $7K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 164 | $7K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 164 | $7K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 164 | — |
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.