| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $13K | — | $13K | 5.53% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DR STE D VISTA, CA 92081 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $13K | $4K | $17K | 19.33% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DR STE D VISTA, CA 92081 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $6K | $2K | $8K | 19.35% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DR STE D VISTA, CA 92081 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $5K | $2K | $7K | 19.82% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DR STE D VISTA, CA 92081 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $3K | $1K | $5K | 19.70% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $408 | — | $408 | 5.35% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $373 | — | $373 | 5.17% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $265 | — | $265 | 4.82% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $183 | — | $183 | 4.47% |
| PICKERING INSURANCE SERVICES, INC.3 | 911 HACIENDA DRIVE, SUITE D VISTA, CA 92081 | MEDIEXCEL HEALTH PLAN | $69 | — | $69 | 5.78% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BROKERAGE CONCEPTS, INC. EIN 11-3667763 NONE | Claims processing; Plan Administrator Service code 12 | — | $229K |
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 | 235 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 236 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | MEDIEXCEL HEALTH PLAN | 4 | $1K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 188 | $89K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 141 | $40K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 117 | $34K |
| Other(2 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 188 | $113K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 188 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.