| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CREATIVE BENEFITS, INC.3 Filed as: CREATIVE BENEFITS INC | 3809 W CHESTER PIKE SUITE 190 ELLIS PRESERVE NEWTOWN SQUARE, PA 19073 | SUN LIFE ASSURANCE COMPANY OF CANADA | $178K | — | $178K | 10.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES INC | 545 METRO PL S SUITE 150 DUBLIN, OH 43017 | SUN LIFE ASSURANCE COMPANY OF CANADA | — | $27K | $27K | 1.50% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN HEALTH EIN 16-1264154 ADMINISTRATION | Contract Administrator; Accounting (including auditing) Service code 10 | — | $192K |
| HARDING, SHYMANSKI & COMPANY EIN 35-1346211 ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $24K |
| DENTONS BINGHAM GREENEBAUM LEGAL | Legal Service code 29 | ONE MAIN STREET, SUITE 600 EVANSVILLE, IN 47708 | $20K |
| GALLAGHER BASSETT SERVICES INSURANCE BROKER | Insurance agents and brokers Service code 22 | 9401 WILLIAMSBURG PLAZA, SUITE 101 LOUISVILLE, KY 40222 | $19K |
| SETH SUTTON EMPLOYEE | Employee (plan) Service code 30 | P. O. BOX 5165 EVANSVILLE, IN 47716 | $15K |
| CLARA J. JONES EMPLOYEE | Employee (plan) Service code 30 | P.O. BOX 5165 EVANSVILLE, IN 47716 | $12K |
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 | 213 | 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) | 213 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 394 | $1.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 394 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.