| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 FIRST STREET SE CEDAR RAPIDS, IA 52401 | TOKIO MARINE HCC | $23K | — | $23K | 12.00% |
| THE VOGT GROUP3 Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $14K | $7K | $21K | 22.20% |
| GALE, MELODIE3 | 2501 COPPER CREEK LANE BUFFALO, MN 55313 | RELIANCE STANDARD | $0 | $5K | $5K | 5.00% |
| THE VOGT GROUP3 Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $5K | $866 | $6K | 17.46% |
| GALE, MELODIE3 | 2501 COPPER CREEK LANE BUFFALO, MN 55313 | RELIANCE STANDARD | $0 | $2K | $2K | 5.00% |
| THE VOGT GROUP3 Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $686 | $125 | $811 | 17.74% |
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 | 252 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 18 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 270 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF IOWA | 144 | $101K |
| Life insurance(2 contracts) | RELIANCE STANDARD | 270 | $100K |
| Short-term disability(2 contracts) | RELIANCE STANDARD | 270 | $100K |
| Long-term disability | RELIANCE STANDARD | 190 | $35K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC | 167 | $189K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 270 | — |
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.