| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF FLORIDA3 Filed as: WELLMARK BLUE CROSS BLUE SHIELD | 1331 GRAND AVENUE DES MOINES, IA 50309 | WELLMARK BLUE CROSS BLUE SHIELD OF IOWA | $6K | — | $6K | 4.71% |
| SELECT NETWORKS3 | 317 6TH AVE., SUITE 1040 DES MOINES, IA 50309 | FIDELITY SERCURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 10.95% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES, INC | 4280 SERGEANT RD, SUITE 200 SIOUX CITY, IA 51106 | FIDELITY SERCURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 8.84% |
| INNOVATIVE BENEFIT CONSULTANTS3 | 1119 4TH STREET, STE 109 SIOUX CITY, IA 50309 | FIDELITY SERCURITY LIFE INSURANCE COMPANY | $267 | — | $267 | 1.12% |
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 | 131 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 131 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK INC | 131 | $1.7M |
| Dental | WELLMARK BLUE CROSS BLUE SHIELD OF IOWA | 144 | $117K |
| Vision | FIDELITY SERCURITY LIFE INSURANCE COMPANY | 220 | $24K |
| Prescription drug | WELLMARK INC | 131 | $1.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 220 | — |
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 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.