| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PHILLIPS BENEFITS ADVISORS LLC3 Filed as: PHILLIPS BENEFITS ADVISORS, LLC | 6920 POINTE INVERNESS WAY SUITE 230 FORT WAYNE, IN 46804 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $21K | $78 | $21K | 15.18% |
| LINCOLN CAPITAL SOLUTIONS, LLC3 | BOX 67045 LINCOLN, NE 68506 | ASSURITY LIFE INSURANCE COMPANY | $264 | — | $264 | 10.63% |
| FINDLEY FINANCIAL CORP3 Filed as: FINDLEY FINANCIAL GROUP | 7030 POINTE INVERNESS WAY SUITE 200 FORT WAYNE, IN 46804 | ASSURITY LIFE INSURANCE COMPANY | $93 | — | $93 | 3.74% |
| LINCOLN CAPITAL SOLUTIONS, LLC3 | BOX 67045 LINCOLN, NE 68506 | TRANSAMERICA LIFE INSURANCE COMPANY | $92 | — | $92 | 9.06% |
| FINDLEY FINANCIAL CORP3 | 7030 POINTE INVERNESS WAY SUITE 200 FORT WAYNE, IN 46804 | TRANSAMERICA LIFE INSURANCE COMPANY | $35 | $0 | $35 | 3.44% |
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 | 148 | 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) | 148 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC. | 244 | $2.5M |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 148 | $140K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 148 | $140K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 148 | $140K |
| Prescription drug | PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC. | 244 | $2.5M |
| Other(5 contracts, 5 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 148 | $152K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 244 | — |
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.