| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LARRY LUCCO3 | 104 EXECUTIVE DR HIGHLAND, IL 62249 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | — | $9K | 16.26% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PROFESSIONAL BENEFIT ADMINISTRATORS EIN 36-3384135 NONE | Consulting (general); Claims processing; Direct payment from the plan; Contract Administrator; Other fees Service code 12 | — | $419K |
| EMPLOYEE 3 EIN 30-0088171 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $127K |
| THE SEGAL COMPANY (MIDWEST) INC. EIN 13-1975125 NONE | Consulting (general); Direct payment from the plan; Actuarial Service code 11 | — | $125K |
| EMPLOYEE 1 EIN 30-0088171 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $113K |
| MIDWEST REGION HEALTH & SAFETY FUND EIN 37-1384481 NONE | Direct payment from the plan; Other services Service code 49 | — | $104K |
| EMPLOYEE 2 EIN 30-0088171 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $103K |
| EMPLOYEE 4 EIN 30-0088171 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $86K |
| SAVRX EIN 47-0527013 NONE | Direct payment from the plan; Other services Service code 49 | — | $67K |
| HEALTH PLAN SYSTEMS EIN 01-0589640 NONE | Other services; Direct payment from the plan Service code 49 | — | $42K |
| MEDICAL COST MANAGEMENT EIN 36-3445315 NONE | Direct payment from the plan; Other services Service code 49 | — | $40K |
| DELTA DENTAL EIN 36-2612058 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $39K |
| BUSEY WEALTH MANAGEMENT EIN 37-0524830 NONE | Custodial (securities); Direct payment from the plan Service code 19 | — | $31K |
| EMPLOYEE RESOURCE SYSTEMS INC EIN 36-3867645 NONE | Other services; Direct payment from the plan Service code 49 | — | $30K |
| CAVANAGH & O'HARA LLP EIN 37-1259635 NONE | Legal; Direct payment from the plan Service code 29 | — | $29K |
| MARQUETTE & ASSOCIATES EIN 36-3485298 NONE | Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $25K |
| BAUM SIGMAN AUERBACH & NEUMAN LTD EIN 36-2744057 NONE | Legal; Direct payment from the plan Service code 29 | — | $24K |
| ROMOLO & ASSOCIATES EIN 37-1077733 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $24K |
| CIGNA EIN 59-1031071 NONE | Direct payment from the plan; Contract Administrator; Claims processing Service code 12 | — | $16K |
| CHICAGO EQUITY PARTNERS EIN 36-4338679 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $14K |
| HFN LLC EIN 36-3353243 NONE | Other services; Direct payment from the plan Service code 49 | — | $5K |
| MYIDEALDOCTOR LLC NONE | Direct payment from the plan Service code 50 | 5665 NEW NORTHSIDE DR. SUITE 520 ATLANTA, GA 30328 | $5K |
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 | 1,710 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,710 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,707 | $57K |
| Stop-loss / reinsurancereinsurance | THE UNION LABOR LIFE INSURANCE COMPANY | 1,623 | $567K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,707 | $57K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,707 | — |
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."
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.