| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | QBE INSURANCE CORPORATION | $6K | $32K | $37K | 4.22% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 0.95% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | HEALTH RESOURCES, INC. | $19K | — | $19K | 7.00% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | STANDARD INSURANCE COMPANY | $24K | — | $24K | 15.92% |
| NATIONAL BENEFIT CENTER3 Filed as: NATIONAL BENEFIT CENTER LLC | 6830 COCHRAN ROAD SOLON, OH 44139 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 0.88% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | HEALTH RESOURCES, INC. | $7K | — | $7K | 7.00% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $6K | — | $6K | 9.31% |
| GREGORY & APPEL, INC.3 Filed as: GREGORY & APPEL INSURANCE | 1402 N CAPITOL STE 400 INDIANAPOLIS, IN 46202 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $41 | — | $41 | 10.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR, INC. EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $386K |
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 | 789 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 802 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts) | HEALTH RESOURCES, INC. | 415 | $365K |
| Vision(2 contracts) | FIDELITY SECURITY LIFE INSURANCE COMPANY | 522 | $61K |
| Life insurance | STANDARD INSURANCE COMPANY | 789 | $148K |
| Long-term disability | STANDARD INSURANCE COMPANY | 786 | $383K |
| Stop-loss / reinsurancereinsurance | QBE INSURANCE CORPORATION | 670 | $886K |
| Other | QBE INSURANCE CORPORATION | 670 | $886K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 789 | — |
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.