| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MAY FINANCIAL GROUP INC3 | 111 W. MAIN STREET PORTLAND, IA 47371 | ANTHEM INSURANCE COMPANIES, INC. | $5K | $0 | $5K | 1.15% |
| MAY FINANCIAL GROUP INC3 Filed as: MAY FINANCIAL GROUP LLC | 111 W. MAIN STREET PORTLAND, IN 47371 | ANTHEM INSURANCE COMPANIES, INC. | $5K | $0 | $5K | 1.14% |
| OPOC INSURANCE SERVICES LLC3 Filed as: OPOC INSURANCE SERVICES, LLC | 300 WEST WILSON BRIDGE ROAD SUITE 300 WORTHINGTON, OH 43085 | ANTHEM INSURANCE COMPANIES, INC. | $4K | $0 | $4K | 0.89% |
| OPOC INSURANCE SERVICES LLC3 | 300 WEST WILSON BRIDGE ROAD SUITE 300 WORTHINGTON, OR 43085 | PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC. | $26K | $0 | $26K | 14.50% |
| MAY FINANCIAL GROUP INC3 Filed as: MAY FINANCIAL GROUP, LLC | 111 W. MAIN STREET PORTLAND, IN 47371 | ANTHEM INSURANCE COMPANIES, INC. | $1K | $0 | $1K | 10.26% |
| MAY FINANCIAL GROUP INC3 | PO BOX 320 GREENVILLE, OH 45331 | ANTHEM INSURANCE COMPANIES, INC. | $691 | $0 | $691 | 6.08% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INTERFLEX PAYMENTS, LLC EIN 27-2256926 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $9K |
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 | 131 | 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) | 131 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | ANTHEM INSURANCE COMPANIES, INC. | 130 | $631K |
| Dental | ANTHEM INSURANCE COMPANIES, INC. | 90 | $449K |
| Vision | ANTHEM INSURANCE COMPANIES, INC. | 90 | $449K |
| Life insurance | ANTHEM INSURANCE COMPANIES, INC. | 142 | $11K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 142 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.