| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSURRED PARTNERS OF ILLINOIS3 | 2205 POINT BLVD ELGIN, IL 60123 | BLUE CROSS AND BLUE SHIELD OF ILLINOIS | $67K | $2K | $69K | 2.57% |
| ASSUREDPARTNERS Filed as: ASSURED PARTNERS OF ILLINOIS | 2205 POINT BLVD ELGIN, IL 60123 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | $0 | $17K | 9.09% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF ILLINOIS | 25 NW POINT BLVD STE 625 ELK GROVE VILLAGE, IL 60007 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $2K | $2K | 0.98% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS | 10 N PARK DR STE 200 HUNT VALLEY, MD 21030 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $805 | $805 | 0.43% |
| ASSURRED PARTNERS OF ILLINOIS3 | 2205 POINT BLVD ELGIN, IL 60123 | GUARDIAN | $9K | $2K | $11K | 8.51% |
| ASSURRED PARTNERS OF ILLINOIS | 2205 POINT BLVD ELGIN, IL 60123 | VISION SERVICE PLAN | $1K | — | $1K | 4.92% |
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 | 329 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 329 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF ILLINOIS | 329 | $2.7M |
| Dental | GUARDIAN | 196 | $126K |
| Vision | VISION SERVICE PLAN | 163 | $26K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 313 | $189K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 313 | $189K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 313 | $189K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 329 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.