| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TIMOTHY D PEYKO3 | 85 PRIM RD STE 402B COLCHESTER, VT 054461389 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 3.84% |
| DANIEL J REAGAN3 | CASTLE ADVISORS 239 S UNION ST STE 1 BURLINGTON, VT 054014599 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 3.72% |
| JEFFREY G KINNESTON3 | 108 MAPLEWOOD DR SHELBURNE, VT 054826647 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 3.25% |
| KINNESTON FINANCIAL SERVICES INC3 | CASTLE ADVISORS 239 S UNION ST STE 1 BURLINGTON, VT 054014599 | PRINCIPAL LIFE INSURANCE COMPANY | $195 | — | $195 | 0.47% |
| TIMOTHY D PEYKO3 | 85 PRIM RD STE 402B COLCHESTER, VT 054461389 | PRINCIPAL LIFE INSURANCE COMPANY | $145 | — | $145 | 4.30% |
| DANIEL J REAGAN3 | CASTLE ADVISORS 239 S UNION ST STE 1 BURLINGTON, VT 054014599 | PRINCIPAL LIFE INSURANCE COMPANY | $141 | — | $141 | 4.18% |
| KINNESTON FINANCIAL SERVICES INC3 | CASTLE ADVISORS 239 S UNION ST STE 1 BURLINGTON, VT 054014599 | PRINCIPAL LIFE INSURANCE COMPANY | $141 | — | $141 | 4.18% |
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 | 116 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 117 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 119 | $45K |
| Short-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 119 | $45K |
| Long-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 119 | $45K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 119 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.