| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.3 Filed as: IMA INC | 430 E DOUGLAS STE 400 WICHITA, KS 67202 | HARTFORD LIFE AND ACCIDENT | $13K | $4K | $17K | 14.95% |
| BUKATY COMPANIES3 | 4601 COLLEGE BLVD SUITE 100 LEAWOOD, KS 66211 | HARTFORD LIFE AND ACCIDENT | $6K | $0 | $6K | 5.44% |
| IMA, INC.3 Filed as: IMA INC -000 | PO BOX 2992 WICHITA, KS 67201 | METROPOLITAN LIFE INSURANCE COMPANY | $11K | $2K | $13K | 12.02% |
| BUKATY COMPANIES3 Filed as: MICHAEL BUKATY | 4601 COLLEGE BLVD STE 100 LEAWOOD, KS 66211 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $0 | $4K | 3.38% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER BENEFITS LLC | 306 W ERIE ST STE300 CHICAGO, IL 60654 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $351 | $2K | 1.83% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LUMINARE HEALTH BENEFITS, INC EIN 35-1846036 SERVICE PROVIDER | Claims processing; Other services; Plan Administrator Service code 12 | — | $65K |
| AETNA EIN 06-6033492 SERVICE PROVIDER | Other services; Claims processing Service code 12 | — | $43K |
| IMA, INC EIN 20-2557329 SERVICE PROVIDER | Insurance agents and brokers; Consulting (general) Service code 16 | — | $22K |
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 | 220 | 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) | 220 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 377 | $105K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 377 | $105K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 220 | $114K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 220 | $114K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 220 | $114K |
| Other | HARTFORD LIFE AND ACCIDENT | 220 | $114K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 377 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.