| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUE NORTH COMPANIES LC3 Filed as: TRUE NORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 52401 | BLUECROSS BLUESHIELD OF ILLINOIS | $68K | $915 | $69K | 3.94% |
| TRUE NORTH COMPANIES LC3 Filed as: TRUE NORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 52401 | PRINCIPAL LIFE INSURANCE COMPANY | $9K | $303 | $9K | 15.52% |
| FIRS BENEFITS CORPORATION3 | 155 N WACKER DR 42 FLOOR CHICAGO, IL 60606 | THE GUARDIAN LIFE INSURANCE OF AMERICA | $6K | — | $6K | 23.32% |
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 | 203 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 203 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 221 | $1.8M |
| Dental | THE GUARDIAN LIFE INSURANCE OF AMERICA | 129 | $26K |
| Vision | THE GUARDIAN LIFE INSURANCE OF AMERICA | 129 | $26K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $60K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $60K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 195 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 221 | — |
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.