| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MJ INSURANCE3 | 571 MONON BOULEVARD, SUITE 400 CARMEL, IN 46032 | SUNLIFE ASSURANCE COMPANY OF CANADA | $74K | $0 | $74K | 10.91% |
| STEELE INSURANCE3 Filed as: STEELE INS. AND FINANCIAL SERVICES | 9020 CRAWFORDSVILLE ROAD INDIANAPOLIS, IN 46234 | SUNLIFE ASSURANCE COMPANY OF CANADA | $53K | $0 | $53K | 7.81% |
| STEALTH PARTNER GROUP LLC3 Filed as: STEALTH PARTNER GROUP, LLC | 18700 NORTH HAYDEN ROAD SUITE 405 SCOTTSDALE, AZ 85255 | SUNLIFE ASSURANCE COMPANY OF CANADA | $0 | $41K | $41K | 5.99% |
| MJ INSURANCE3 | PO BOX 3430 CARMEL, IN 46082 | SUNLIFE ASSURANCE COMPANY OF CANADA | $0 | $16K | $16K | 2.32% |
| MJ INSURANCE3 | 571 MONON BOULEVARD, SUITE 400 CARMEL, IN 46032 | GUARDIAN | $58K | $0 | $58K | 18.00% |
| STEALTH PARTNER GROUP LLC3 Filed as: STEALTH BENEFIT SOLUTIONS, LLC | 18940 NORTH PIMA ROAD SUITE 2000 SCOTTSDALE, AZ 85255 | GUARDIAN | $16K | $0 | $16K | 5.00% |
| MJ INSURANCE3 | PO BOX 3430 CARMEL, IN 46082 | SYMETRA LIFE INSURANCE COMPANY | $4K | $0 | $4K | 8.81% |
| MJ INSURANCE3 | PO BOX 3430 CARMEL, IN 46082 | KAISER FOUNDATION HEALTH PLAN INC | $2K | $0 | $2K | 4.56% |
| MJ INSURANCE3 | 571 MONON BOULEVARD, SUITE 400 CARMEL, IN 46032 | FEDERAL INSURANCE COMPANY | $398 | $9 | $407 | 15.36% |
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 | 1,619 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,622 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | SYMETRA LIFE INSURANCE COMPANY | 76 | $87K |
| Dental | GUARDIAN | 585 | $322K |
| Vision | GUARDIAN | 585 | $322K |
| Life insurance(2 contracts, 2 carriers) | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,855 | $729K |
| Short-term disability | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,855 | $679K |
| Long-term disability | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,855 | $679K |
| Prescription drug | KAISER FOUNDATION HEALTH PLAN INC | 8 | $37K |
| Other(2 contracts, 2 carriers) | SUNLIFE ASSURANCE COMPANY OF CANADA | 1,855 | $682K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,855 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.