| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES LLC | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | METROPOLITAN LIFE INSURANCE COMPANY | — | $47 | $47 | 0.04% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC. | 3001 WESTOWN PARKWAY WEST DES MOINE, IA 50266 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $415 | $563 | $978 | 4.00% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC. | 3001 WESTOWN PARKWAY WEST DES MOINE, IA 50266 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $400 | $539 | $939 | 3.89% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC. | 3001 WESTOWN PARKWAY WEST DES MOINE, IA 50266 | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $175 | $237 | $412 | 3.91% |
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 | 210 | 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) | 211 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA | 101 | $998K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 445 | $118K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 445 | $118K |
| Life insurance | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 223 | $24K |
| Short-term disability | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 67 | $24K |
| Long-term disability | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 223 | $11K |
| Other | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 223 | $24K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 445 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.