| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL INC | THREE PARKWAY NORTH, STE 500 DEERFIELD, IL 600152567 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $92K | $28K | $120K | 18.18% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL INC | THREE PARKWAY NORTH, STE 500 DEERFIELD, IL 600152567 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $73K | $20K | $93K | 18.44% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL INC. | 3 PARKWAY N STE 500 DEERFIELD, IL 60015 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $43K | — | $43K | 14.71% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL INC. | THREE PARKWAY NORTH SUITE 500 DEERFIELD, IL 600152567 | BLUE CROSS BLUE SHIELD OF ILLINOIS | $128K | $19K | $148K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUECROSS BLUESHIELD OF ILLINOIS EIN 36-1236610 CLAIMS ADMINISTRATOR | Claims processing Service code 12 | 300 EAST RANDOLPH STREET CHICAGO, IL 606015099 | $1.2M |
| CVS PHARMACY EIN 05-0340626 CLAIMS PROCESSING | Claims processing; Plan Administrator Service code 12 | — | $51K |
| PFS INFORMATION-PAYFLEX SYSTEMS EIN 91-1774434 CLAIMS ADMINISTRATOR | Claims processing Service code 12 | 10802 FARNAM DRIVE OMAHA, NE 68154 | $41K |
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 | 2,115 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 20 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 61 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,196 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ILLINOIS | 4,332 | $0 |
| Dental | BLUE CROSS BLUE SHIELD OF ILLINOIS | 4,332 | $0 |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 3,758 | $292K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 3,957 | $1.2M |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 3,957 | $660K |
| Stop-loss / reinsurancereinsurance | AMERICAN ALTERNATIVE INSURANCE COROPORATION | 1,852 | $750K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 3,957 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,332 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.