| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $36K | — | $36K | 3.18% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $14K | — | $14K | 2.68% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $11K | — | $11K | 5.19% |
| SPECTRUM BENEFITS LLC Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $7K | — | $7K | 3.51% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $5K | — | $5K | 2.74% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE ST STE 201 ROCKFORD, IL 61108 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | — | $7K | 5.35% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY INC | 5301 E STATE STREET STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $459 | — | $459 | 2.65% |
| SPECTRUM INS AGCY INC | 5301 E STATE ST STE 201 ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | $600 | — | $600 | 8.27% |
| SPECTRUM BENEFITS LLC3 Filed as: SPECTRUM INSURANCE AGENCY | 5301 E STATE ST ROCKFORD, IL 61108 | MERCYCARE INSURANCE COMPANY | — | — | $0 | 0.00% |
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 | 481 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 481 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(7 contracts) | MERCYCARE INSURANCE COMPANY | 259 | $2.1M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 480 | $136K |
| Vision(2 contracts, 2 carriers) | MERCYCARE INSURANCE COMPANY | 480 | $351K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 480 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.