| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STERN INSURANCE GROUP INC3 | 11445 E VIA LINDA STE 2611 SCOTTSDALE, AZ 85259 | UNITED HEALTHCARE INSURANCE COMPANY | $0 | $82K | $82K | 4.09% |
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C103 SCOTTSDALE, AZ 85258 | UNITED HEALTHCARE INSURANCE COMPANY | $23K | $0 | $23K | 1.14% |
| STERN INSURANCE GROUP INC3 | 11445 E VIA LINDA STE 2-611 SCOTTSDALE, AZ 85258 | PRINCIPAL LIFE INSURANCE COMPANY | $9K | $6K | $15K | 4.94% |
| WORLD INSURANCE ASSOCIATES LLC3 Filed as: WORLD INS ASSOC LLC | 100 WOOD AVE S FL 4 ISELIN, NJ 08830 | PRINCIPAL LIFE INSURANCE COMPANY | $13K | $915 | $14K | 4.66% |
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C 103 SCOTTSDALE, AZ 85258 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $6K | $6K | 2.06% |
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 | 186 | 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) | 186 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 525 | $2.0M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 186 | $297K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 525 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.