| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | PACE UNDERWRITERS | $21K | $38K | $60K | 42.58% |
| OLINDE FINANCIAL GROUP, LTD3 | 6700 JEFFERSON HWY 2, BLDG 7 BATON ROUGE, LA 70806 | PACE UNDERWRITERS | — | $21K | $21K | 14.92% |
| DONALD R MASSAD, APC3 | 6700 JEFFERSON HWY BATON ROUGE, LA 708068288 | HUMANA | $9K | — | $9K | 17.05% |
| ENROLLLEASE INC3 Filed as: ENROLLLEASE | 7979 OLD GEORGETOWN RD, STE 300 BETHESDA, MD 208142554 | HUMANA | $54 | — | $54 | 0.10% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | VERITY | $3K | — | $3K | 29.31% |
| IMA, INC.5 | PO BOX 71120 BOSSIER CITY, LA 71171 | MEDICAL HELPLINE | $1K | — | $1K | 33.97% |
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 | 55 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 55 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PACE UNDERWRITERS | 55 | $140K |
| Dental | HUMANA | 105 | $52K |
| Vision | HUMANA | 105 | $52K |
| Life insurance | HUMANA | 105 | $52K |
| Prescription drug | PACE UNDERWRITERS | 55 | $140K |
| Stop-loss / reinsurancereinsurance | PACE UNDERWRITERS | 55 | $140K |
| Other(2 contracts, 2 carriers) | HUMANA | 105 | $55K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 105 | — |
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.