| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | 3 PARKWAY NORTH DEERFIELD, IL 60015 | BCBS OF ILLINOIS | $41K | $4K | $45K | 4.23% |
| E BROKERQUOTE LLC3 | 10275 W HIGGINS ROAD ROSEMONT, IL 60018 | BCBS OF ILLINOIS | $13K | — | $13K | 1.20% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | 3 PARKWAY NORTH DEERFIELD, IL 60015 | THE GUARDIAN | $12K | $9K | $21K | 10.64% |
| NATIONAL BENEFITS CENTER LLC3 | 1105 NORTH MARKET STREET WILMINGTON, DE 19801 | THE GUARDIAN | $45 | — | $45 | 0.02% |
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 | 255 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 255 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BCBS OF ILLINOIS | 255 | $1.1M |
| Dental | THE GUARDIAN | 177 | $196K |
| Vision | THE GUARDIAN | 177 | $196K |
| Life insurance | THE GUARDIAN | 177 | $196K |
| Short-term disability | THE GUARDIAN | 177 | $196K |
| Long-term disability | THE GUARDIAN | 177 | $196K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 255 | — |
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."
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.