| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 | 3 PARKWAY N SUITE 500 DEERFIELD, IL 60015 | BLUE CROSS BLUE SHIELD OF ILLINOIS | $71K | $3K | $74K | 4.04% |
| GCG FINANCIAL LLC3 | 3 PARKWAY N DEERFIELD, IL 60015 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $12K | $4K | $15K | 26.49% |
| GCG FINANCIAL LLC3 | 3 PARKWAY N DEERFIELD, IL 60015 | LINCOLN FINANCIAL GROUP | $8K | $4K | $12K | 21.91% |
| GCG FINANCIAL LLC3 | 3 PARKWAY N DEERFIELD, IL 60015 | LINCOLN FINANCIAL GROUP | $3K | $882 | $3K | 27.03% |
| GCG FINANCIAL LLC3 | 3 PARKWAY N DEERFIELD, IL 60015 | VISION SERVICE PLAN | $743 | — | $743 | 9.97% |
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 | 259 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 259 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ILLINOIS | 259 | $1.8M |
| Dental | DELTA DENTAL OF ILLINOIS | 113 | $6K |
| Vision | VISION SERVICE PLAN | 75 | $7K |
| Life insurance | LINCOLN FINANCIAL GROUP | 147 | $13K |
| Long-term disability | LINCOLN FINANCIAL GROUP | 152 | $56K |
| Other(2 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 147 | $70K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259 | — |
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."
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.