| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CENTENNIAL ADVISOR GROUP LLC3 Filed as: CENTENNIAL ADVISOR GROUP, LLC | 9781 SOUTH MERIDIAN BOULEVARD SUITE 300 ENGLEWOOD, CO 80112 | PRINCIPAL LIFE INSURANCE COMPANY | $12K | $0 | $12K | 11.84% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS, INC. | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $8K | $8K | 8.48% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS, INC. | 9401 AMBERGLEN BOULEVARD BUILDING 1 MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | -$20 | -$20 | -0.02% |
| CENTENNIAL ADVISOR GROUP LLC Filed as: CENTENNIAL ADVISOR GROUP, LLC | 9781 SOUTH MERIDIAN BOULEVARD SUITE 300 ENGLEWOOD, CO 80112 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $0 | $3K | 10.00% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS, INC. | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $1K | $296 | $1K | 4.73% |
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 | 111 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 112 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 200 | $99K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 200 | $99K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 200 | $99K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 200 | $99K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 200 | $126K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 200 | — |
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.
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.