| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MEDEIROS BENEFITS COMPANY LLC3 | 108 E 7TH ST STE 226 HANFORD, CA 93230 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | — | $4K | 6.23% |
| JAMES G. PARKER INSURANCE3 Filed as: JAMES G PARKER INSURANCE ASSOCIATES | PO BOX 1129 HANFORD, CA 93232 | PRINCIPAL LIFE INSURANCE COMPANY | $368 | — | $368 | 0.62% |
| PRINCIPAL LIFE INSURANCE COMPANY0 | 711 HIGH STREET DES MOINES, IA 50392 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NATIONAL UNDERWRITING SERVICES EIN 76-0168793 STOP LOSS CARRIER | Other fees Service code 99 | 14893 S.H. 16 NORTH #1 HELOTES, TX 78023 | $114K |
| TRANSWESTERN INSURANCE ADMIN EIN 77-0118024 CONTRACT ADMIN | Contract Administrator Service code 13 | P. O BOX 45019 FRESNO, CA 93718 | $104K |
| MEDEIROS BENEFIT COMPANY LLC BROKER | Insurance agents and brokers Service code 22 | 108 E 7TH ST STE 226 HANFORD, CA 93230 | $62K |
| PAYER COMPASS SERVICE PROVIDER | Other fees Service code 99 | 5800 GRANITE PARKWAY STE.450 PLANO, TX 75024 | $2K |
| HEALTHSMART SERVICE PROVIDER | Other fees Service code 99 | P.O BOX 207102 DALLAS, TX 75320 | $2K |
| SMITH BOMAN & ASSOCIATES EIN 94-2911577 BROKER | Insurance agents and brokers Service code 22 | 955 N ST FRESNO, CA 93721 | $2K |
| JAMES G. PARKER & ASSOC. BROKER | Insurance agents and brokers Service code 22 | P. O BOX 3947 FRESNO, CA 93650 | $65 |
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 | 392 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 392 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 0 | $59K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 0 | $59K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 0 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.