| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC | 302 EAST JACKSON STREET MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | $10K | $18K | 2.67% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 0.81% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC. | 302 EAST JACKSON STREET MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $21K | $9K | $30K | 12.64% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $15K | — | $15K | 6.21% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC. | 302 EAST JACKSON STREET MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $23K | $9K | $31K | 14.19% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $17K | — | $17K | 7.60% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC. | 302 E JACKSON ST MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $17K | $8K | $25K | 13.28% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $11K | — | $11K | 6.08% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC, | 302 EAST JACKSON STREET MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $11K | $4K | $15K | 11.97% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | — | $8K | 6.21% |
| FIRST MERCHANTS INSURANCE SERVICES3 | 302 EAST JACKSON STREET MUNCIE, IN 47305 | ANTHEM INSURANCE COMPANIES INC | $2K | — | $2K | 1.35% |
| USI INSURANCE SERVICES LLC3 | P. O. BOX 62889, ATTN MIDWEST VIRGINIA BEACH, VA 23466 | ANTHEM INSURANCE COMPANIES INC | $315 | — | $315 | 0.27% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62939 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE CO | $7K | — | $7K | 16.83% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC. | 302 E JACKSON ST. MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE CO | $1K | — | $1K | 3.18% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62939 VIRGINIA BEACH, VA 23466 | LINCOLN NATIONAL LIFE INSURANCE CO. | $4K | — | $4K | 15.85% |
| FIRST MERCHANTS INSURANCE SERVICES3 Filed as: FIRST MERCHANTS INS SVCS INC. | 302 E JACKSON ST. MUNCIE, IN 47305 | LINCOLN NATIONAL LIFE INSURANCE CO. | $1K | — | $1K | 4.12% |
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 | 888 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 30 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 918 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 814 | $677K |
| Vision | ANTHEM INSURANCE COMPANIES INC | 1,588 | $118K |
| Life insurance(2 contracts) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,298 | $422K |
| Short-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 278 | $123K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,280 | $221K |
| Other(3 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 1,298 | $298K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,588 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.