| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $16K | — | $16K | 10.00% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $8K | — | $8K | 10.00% |
| GPA3 | 12770 MERIT DRIVE DALLAS, TX 75251 | HCC LIFE | $2K | $520 | $2K | 4.00% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 15.00% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 15.00% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 10.00% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $530 | — | $530 | 14.99% |
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 | 421 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 423 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 338 | $30K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 338 | $30K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 406 | $159K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 406 | $83K |
| Stop-loss / reinsurancereinsurance | GERBER LIFE | 320 | $787K |
| Other(6 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 406 | $282K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 406 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.