| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE PLEXUS GROUPE LLC3 | 21805 FIELD PARKWAY SUITE 300 DEER PARK, IL 60010 | BLUECROSS BLUESHIELD OF TEXAS | $184K | $4K | $187K | 3.97% |
| STEALTH PARTNER GROUP LLC3 | 18700 N HAYDEN ROAD SUITE 405 SCOTTSDALE, AZ 85255 | HCC LIFE INSURANCE COMPANY | — | $46K | $46K | 5.95% |
| THE PLEXUS GROUPE LLC3 | 21805 FIELD PARKWAY SUITE 300 DEER PARK, IL 60010 | RELIASTAR LIFE INSURANCE COMPANY | $65K | $23K | $88K | 15.00% |
| AGM BENEFITS3 | 8550 UNITED PLAZA BLVD SUITE 210 BATON ROUGE, LA 70809 | RELIASTAR LIFE INSURANCE COMPANY | $65K | — | $65K | 11.17% |
| THE PLEXUS GROUPE LLC3 | 21085 FIELD PARKWAY SUITE 300 DEER PARK, IL 60010 | PRINCIPAL LIFE INSURANCE COMPANY | $22K | — | $22K | 9.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| VOYA FINANCIAL EIN 52-1222820 ADMINISTRATO | Claims processing Service code 12 | — | $3K |
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 | 567 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 567 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF TEXAS | 887 | $4.7M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 833 | $224K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 833 | $224K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 567 | $586K |
| Short-term disability | RELIASTAR LIFE INSURANCE COMPANY | 567 | $586K |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 567 | $586K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 449 | $781K |
| Other | RELIASTAR LIFE INSURANCE COMPANY | 567 | $586K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 887 | — |
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.