| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUB INTERNATIONAL MIDWEST LIMITED3 | PO BOX 2158 RIVERSIDE, CA 92516 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | — | $6K | 5.22% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 1735 GENERATIONS DRIVE SOUTH BEND, IN 46635 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 3.03% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INSTERNATIONAL LIMITED | 300 N LASALLE DR FL 17 CHICAGO, IL 60654 | PRINCIPAL LIFE INSURANCE COMPANY | — | $1K | $1K | 1.29% |
| THE HEALY GROUP INC.3 Filed as: THE HEALY GROUP INC | 17535 GENERATIONS DRIVE SOUTH BEND, IN 46635 | PRINCIPAL LIFE INSURANCE COMPANY | $811 | -$7 | $804 | 0.76% |
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 | 165 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 165 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $106K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $106K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $106K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $106K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $106K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 165 | — |
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.