| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC3 Filed as: APEX BENEFITS GROUP INC. | 9400 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | — | $17K | 12.17% |
| CENTRO BENEFITS RESEARCH LLC3 | 200 GALLERIA PARKWAY SE SUITE 1950 ATLANTA, GA 303395946 | PRINCIPAL LIFE INSURANCE COMPANY | — | $6K | $6K | 4.51% |
| NFP INSURANCE SERVICES INC3 Filed as: APEX BENEFITS GROUP INC. | 9400 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 | CONTINENTAL AMERICAN INSURANCE COMPANY | $14K | — | $14K | 10.92% |
| CARLY L KIERCE3 Filed as: CARLY LINDELL KIERCE | 13932 WILMUTH DRIVE CARMEL, IN 460743103 | CONTINENTAL AMERICAN INSURANCE COMPANY | $10K | — | $10K | 8.00% |
| JON J SCHAEFER3 Filed as: JON J. SCHAEFER | 7352 W. BEYERS COURT NEW PALESTINE, IN 461639294 | CONTINENTAL AMERICAN INSURANCE COMPANY | $2K | — | $2K | 1.68% |
| RICKY LEE MCPHERSON3 | 6352 MARBURN DRIVE INDIANAPOLIS, IN 462277620 | CONTINENTAL AMERICAN INSURANCE COMPANY | $1K | — | $1K | 1.00% |
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 | 173 | 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. |
| Total participants (= "Plan participants" tile) | 174 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 277 | $136K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 277 | $136K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 277 | $136K |
| Short-term disability | CONTINENTAL AMERICAN INSURANCE COMPANY | 111 | $128K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 277 | $264K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 277 | — |
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.