| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAVID J MCCLELLAN3 Filed as: DAVID LEICH | — | CONSECO LIFE INSURANCE COMPANY | $42 | — | $42 | 1.68% |
| QUEST BENEFITS INC3 Filed as: QUEST CONSULTANTS | — | CONSECO LIFE INSURANCE COMPANY | $26 | — | $26 | 1.04% |
| WORTHAM SAN ANTONIO INC3 Filed as: JOHN STRENCHOCK | — | CONSECO LIFE INSURANCE COMPANY | $13 | — | $13 | 0.52% |
| AMERIPRISE FINANCIAL SERVICES, INC.4 | 50082 AMERIPRISE FINMANCIAL CTR MINNEAPOLIS, MN 55474 | VOYA RETIREMENT INSURANCE & ANNUITY CO | $12K | $0 | $12K | — |
| THE PARAGON ALLIANCE GROUP5 | 300 HARLEYSVILLE PIKE SOUDERTON, PA 18964 | JOHN HANCOCK LIFE INSURANCE CO. (USA) | $0 | $14K | $14K | — |
| AMERIPRISE FINANCIAL SERVICES, INC.4 | 1521 AMERIPRISE FINANCIAL CENTER MINNEAPLOIS, MN 55474 | JOHN HANCOCK LIFE INSURANCE CO. (USA) | $3K | $0 | $3K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES, INC | Other fees Service code 99 | — | $7K |
| THE PARAGON ALLIANCE GROUP, LLC | Other services Service code 49 | — | $4K |
| JOHN HANCOCK LIFE INSURANCE COMPANY EIN 01-0233346 RECORDKEEPER | Recordkeeping and information management (computing, tabulating, data processing, etc.); Other insurance wrap fees; Soft dollars commissions; Shareholder servicing fees; Sub-transfer agency fees; Investment management; Float revenue; Distribution (12b-1) fees Service code 15 | PO BOX 600 BUFFALO, NY 142010600 | $793 |
| AMERIPRISE FINANCIAL SERVICES, LLC EIN 41-0973005 SERVICE PROVIDER | Other fees Service code 99 | 1521 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS, MN 55474 | $0 |
| PARAGON ALLIANCE GROUP, LLC EIN 23-3044062 TPA | Other services Service code 49 | 300 HARLEYSVILLE PIKE SOUDERTON, PA 18964 | $0 |
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 | 136 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 32 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 1 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 169 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | CONSECO LIFE INSURANCE COMPANY | 5 | $3K |
| Other(2 contracts, 2 carriers) | VOYA RETIREMENT INSURANCE & ANNUITY CO | 195 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 195 | — |
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.
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.