| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WALKERHUGHES GROUP, LLC4 | 360 GRADLE DRIVE CARMEL, IN 46032 | HARTFORD LIFE AND ACCIDENT | $13K | — | $13K | 9.11% |
| WALKERHUGHES GROUP, LLC4 | 360 GRADLE DRIVE CARMEL, IN 46032 | DELTA DENTAL OF INDIANA | $11K | $654 | $12K | 12.50% |
| WALKERHUGHES GROUP, LLC4 Filed as: WALKERHUGHES, LLC | 360 GRADLE DRIVE CARMEL, IN 46032 | VISION SERVICE PLAN | $1K | — | $1K | 3.82% |
| THOMAS SOUTHWOOD Filed as: THOMAS L SOUTHWOOD | PO BOX 816 NEWBURGH, IN 47629 | VISION SERVICE PLAN | $83 | — | $83 | 0.27% |
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 | 200 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 200 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF INDIANA | 277 | $94K |
| Vision | VISION SERVICE PLAN | 119 | $31K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 200 | $142K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 200 | $142K |
| Other | HARTFORD LIFE AND ACCIDENT | 200 | $142K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 277 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.