| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NATIONAL GENERAL INSURANCE COMPANY3 | 1515 NORTH RIVERCENTER DRIVE SUITE 135 MILWAUKEE, WI 53212 | NATIONAL HEALTH INSURANCE COMPANY | $56K | — | $56K | 41.83% |
| NATIONAL HEALTH INSURANCE COMPANY3 | PO BOX 619999 DALLAS, TX 75261 | NATIONAL HEALTH INSURANCE COMPANY | $35K | — | $35K | 26.01% |
| INSURANCE BROKERAGE ALTERNATIVE3 | 14212 VESTAL COURT CARMEL, IN 46033 | NATIONAL HEALTH INSURANCE COMPANY | $32K | — | $32K | 24.00% |
| INSURANCE BROKERAGE ALTERNATIVE3 Filed as: INSURANCE BROKERAGE ALTERNATIVES | 14212 VESTAL COURT CARMEL, IN 46033 | COMPANION LIFE INSURANCE COMPANY | $2K | — | $2K | 4.01% |
| IBA, LLC3 | 14212 VESTAL COURT CARMEL, IN 46033 | NATIONWIDE LIFE INSURANCE COMPANY | $3K | — | $3K | 15.00% |
| INSURANCE BROKERAGE ALTERNATIVE3 | 14212 VESTAL COURT CARMEL, IN 46033 | COMPANION LIFE INSURANCE COMPANY | $2K | $96 | $2K | 18.86% |
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 | 189 | 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) | 189 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | COMPANION LIFE INSURANCE COMPANY | 280 | $38K |
| Vision | COMPANION LIFE INSURANCE COMPANY | 280 | $38K |
| Life insurance | COMPANION LIFE INSURANCE COMPANY | 280 | $38K |
| Stop-loss / reinsurancereinsurance | NATIONAL HEALTH INSURANCE COMPANY | 8 | $134K |
| Other(3 contracts, 2 carriers) | COMPANION LIFE INSURANCE COMPANY | 280 | $70K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 280 | — |
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.
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.