| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC4 Filed as: NFP CORPORATE SERVICES IL INC | 500 WEST MADISON STREET SUITE 2760 CHICAGO, IL 60661 | BCBSIL | $99K | $38K | $137K | 6.31% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (IL) INC | 500 W MADISON ST FL 32 CHICAGO, IL 60661 | DEARBORN LIFE INSURANCE COMPANY | $26K | — | $26K | 10.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (IL) INC | SUITE 2760 500 W MADISON ST CHICAGO, IL 60661 | PRUDENTIAL | $83K | — | $83K | 189.22% |
| STEVE SCHAUMBERGER3 | SUITE G 105 REVERE DRIVE NORTHBROOK, IL 60062 | PRUDENTIAL | $76K | — | $76K | 174.66% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (IL) INC | SUITE 2760 500 W MADISON ST CHICAGO, IL 60661 | PRUDENTIAL | $39K | — | $39K | 88.79% |
| IMG5 | 2960 N. MERIDIAN ST INDIANAPOLIS, IN 46208 | PRUDENTIAL | — | $664 | $664 | 1.52% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUECROSS BLUESHIELD OF ILLINOIS EIN 36-1236610 CLAIMS PROCESSOR | Claims processing; Contract Administrator Service code 12 | — | $1.7M |
| PRUDENTIAL EIN 22-1211670 THIRD PARTY ADMIN | Plan Administrator Service code 14 | — | $163K |
| CHARLES NECHTEM EIN 13-3242036 NONE | Contract Administrator Service code 13 | — | $63K |
| UMR, INC EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $35K |
| CVS CAREMARK EIN 05-0340626 THIRD PARTY ADMIN | Contract Administrator; Claims processing Service code 12 | — | $18K |
| COMPSYCH EIN 35-3739783 THIRD PARTY ADMIN | Plan Administrator Service code 14 | — | $0 |
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 | 4,940 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 28 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 19 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 4,987 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BCBSIL | 4,940 | $2.2M |
| Dental | BCBSIL | 4,940 | $2.2M |
| Vision | DEARBORN LIFE INSURANCE COMPANY | 2,120 | $258K |
| Life insurance(5 contracts, 2 carriers) | PRUDENTIAL | 3,295 | $1.1M |
| Short-term disability(2 contracts) | PRUDENTIAL | 21 | $8K |
| Long-term disability(2 contracts) | PRUDENTIAL | 2,996 | $599K |
| Prescription drug | BCBSIL | 4,940 | $2.2M |
| Stop-loss / reinsurancereinsurance | BCBSIL | 4,940 | $2.2M |
| Other | PRUDENTIAL | 21 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,940 | — |
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.