| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (CO) INC | — | AETNA | $29K | — | $29K | 4.89% |
| THE BOON INSURANCE AGENCY3 | — | AETNA | $27K | — | $27K | 4.56% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (CO) INC | — | DEAN HEALTH PLAN INC | $3K | — | $3K | 1.84% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP NATIONAL ACCOUNT SVCS | — | EQUITABLE FINANCIAL LIFE | $14K | $5K | $19K | 20.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES CO | — | DELTA DENTAL OF WISCONSIN | $4K | — | $4K | 5.50% |
| THE BOON INSURANCE AGENCY3 | — | AFLAC | $2K | — | $2K | 4.35% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (CO), INC | — | WYSSTA INSURANCE COMPANY | $901 | — | $901 | 7.60% |
| THE BOON INSURANCE AGENCY3 | — | TRANSAMERICA | $521 | — | $521 | 6.76% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (CO) INC | — | TRANSAMERICA | $250 | — | $250 | 3.24% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES EIN 33-0449333 TPA | Contract Administrator; Claims processing; Other insurance fees and expenses Service code 12 | — | $33K |
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 | 186 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | AETNA | 168 | $745K |
| Dental | DELTA DENTAL OF WISCONSIN | 117 | $65K |
| Vision | WYSSTA INSURANCE COMPANY | 103 | $12K |
| Life insurance(2 contracts, 2 carriers) | EQUITABLE FINANCIAL LIFE | 191 | $100K |
| Short-term disability | EQUITABLE FINANCIAL LIFE | 177 | $93K |
| Long-term disability | EQUITABLE FINANCIAL LIFE | 177 | $93K |
| Other(2 contracts, 2 carriers) | EQUITABLE FINANCIAL LIFE | 177 | $149K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 191 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.