| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC3 | 525 WEST MONROE ST SUITE 600 CHICAGO, IL 60661 | BLUECROSS BLUE SHIELD OF ILLINOIS | $72K | — | $72K | 4.06% |
| LOCKTON COMPANIES, LLC3 | 1801 K STREET NW SUITE 200 WASHINGTON DC, DC 20006 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $16K | $7K | $23K | 8.23% |
| DAILY FEATS INC3 Filed as: DAILY FEAT, INC. | 131 TREMONT STREET 3RD FLOOR BOSTON, MA 02111 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $8K | — | $8K | 3.00% |
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 | 326 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 326 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUE SHIELD OF ILLINOIS | 435 | $1.8M |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Prescription drug | BLUECROSS BLUE SHIELD OF ILLINOIS | 435 | $1.8M |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 326 | $275K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 435 | — |
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.
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.