| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUE NORTH COMPANIES LC3 Filed as: TRUE NORTH COMPANIES | 500 FIRST STREET SE CEDAR RAPIDS, IA 52401 | TOKIO MARINE HCC | $18K | — | $18K | 12.00% |
| FRIEDMAN FINANCIAL SERVICES INC3 Filed as: FRIEDMAN FINANCIAL SVC | PO BOX 1780 DUBUQUE, IA 52004 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 5.00% |
| THE VOGT GROUP3 Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $15K | $4K | $19K | 19.08% |
| MELODIE GALE3 | 16703 RIVER ROAD NORTH BRANCH, MN 55056 | RELIANCE STANDARD | — | $5K | $5K | 5.00% |
| THE VOGT GROUP Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $6K | $74 | $6K | 15.20% |
| MELODIE GALE3 | 16703 RIVER ROAD NORTH BRANCH, MN 55056 | RELIANCE STANDARD | — | $3K | $3K | 8.48% |
| THE VOGT GROUP3 Filed as: VOGT GROUP | 1750 CREEKWOOD DRIVE DUBUQUE, IA 52003 | RELIANCE STANDARD | $726 | $11 | $737 | 15.23% |
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 | 264 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 16 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 280 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STANDARD INSURANCE COMPANY | 157 | $106K |
| Life insurance(2 contracts) | RELIANCE STANDARD | 259 | $106K |
| Short-term disability | RELIANCE STANDARD | 259 | $101K |
| Long-term disability | RELIANCE STANDARD | 182 | $37K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC | 195 | $151K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259 | — |
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.