| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GNASTER & GNASTER INC3 Filed as: GNASTER & GNASTER INC. | 444 N NORTHWEST HWY STE 250 PARK RIDGE, IL 60068 | BLUECROSS BLUESHIELD OF ILLINOIS | $35K | — | $35K | 1.35% |
| BENICO LTD3 | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | BLUECROSS BLUESHIELD OF ILLINOIS | $35K | — | $35K | 1.35% |
| GCG FINANCIAL LLC3 Filed as: GCG (GREATER CHICAGO GROUP) | THREE PARKWAY NORTH STE 500 DEERFIELD, IL 60015 | BLUECROSS BLUESHIELD OF ILLINOIS | — | $4K | $4K | 0.14% |
| BENEFIT EDUCATORS LLC3 | 2516 WAUKEGAN RD STE 357 GLENVIEW, IL 60025 | RELIASTAR LIFE INSURANCE COMPANY | $45K | — | $45K | 13.84% |
| BENICO LTD3 | 11715 MAIN ST HUNTLEY, IL 60142 | RELIASTAR LIFE INSURANCE COMPANY | $16K | — | $16K | 4.94% |
| GNASTER & GNASTER INC3 Filed as: GNASTER & GNASTER INC. | 5600 BRENTWOOD DRIVE HOFFMAN ESTATES, IL 60192 | RELIASTAR LIFE INSURANCE COMPANY | $16K | — | $16K | 4.94% |
| THOMAS K GNASTER3 | 5800 BRENTWOOD DRIVE HOFFMAN ESTATES, IL 60192 | RELIASTAR LIFE INSURANCE COMPANY | $3K | — | $3K | 0.79% |
| GNASTER & GNASTER INC3 Filed as: GNASTER & GNASTER, INC. | 5600 BRENTWOOD DRIVE HOFFMAN ESTATES, IL 60192 | VISION SERVICE PLAN | $823 | — | $823 | 1.84% |
| GNASTER & GNASTER INC3 Filed as: GNASTER & GNASTER INC. | 444 N NORTHWEST HWY STE 250 PARK RIDGE, IL 60068 | DELTA DENTAL OF ILLINOIS | $6K | — | $6K | 14.86% |
| BENICO LTD3 | 1175 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | DELTA DENTAL OF ILLINOIS | $6K | — | $6K | 14.75% |
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 | 373 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 375 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 628 | $2.6M |
| Dental | DELTA DENTAL OF ILLINOIS | 303 | $38K |
| Vision | VISION SERVICE PLAN | 271 | $45K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 293 | $326K |
| Short-term disability | RELIASTAR LIFE INSURANCE COMPANY | 293 | $326K |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 293 | $326K |
| Other | RELIASTAR LIFE INSURANCE COMPANY | 293 | $326K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 628 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.