| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES3 | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $2K | $3K | $5K | 13.57% |
| HOLMES MURPHY & ASSOCIATES3 | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $1K | $3K | $4K | 19.19% |
| HOLMES MURPHY & ASSOCIATES3 | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $999 | $1K | $2K | 11.87% |
| HOLMES MURPHY & ASSOCIATES3 | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $911 | $2K | $3K | 13.82% |
| HOLMES MURPHY & ASSOCIATES3 | ATTN OPERATING ACCOUNT PO BOX 441 DES MOINES, IA 50302 | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | $226 | $388 | $614 | 13.60% |
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 | 2,464 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,472 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 449 | $91K |
| Vision(2 contracts) | EYEMED | 885 | $55K |
| Life insurance | CIGNA LIFE INSURANCE CO. OF NEW YORK | 522 | $18K |
| Short-term disability | CIGNA LIFE INSURANCE CO. OF NEW YORK | 2,464 | $22K |
| Long-term disability | CIGNA LIFE INSURANCE CO. OF NEW YORK | 522 | $40K |
| Other(3 contracts, 3 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,281 | $115K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,464 | — |
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.