| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 606024109 | GAURDIAN | $57K | — | $57K | 17.27% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 60602 | VISION SERVICE PLAN | $2K | — | $2K | 3.34% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 606024109 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 20.76% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 606024109 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 19.11% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 60602 | METLIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 606024109 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 19.95% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF ILLINOIS INC | 233 SOUTH WACKER DRIVE, SUITE 2000 CHICAGO, IL 606066400 | METROPOLITAN LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT ADMINISTRATIVE SYSTEMS, LLC EIN 36-4197088 ADMINISTRATIVE SERVICES | Plan Administrator Service code 14 | 17475 JOVANNA DRIVE HOMEWOOD, IL 60430 | $407K |
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 | 442 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 442 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 240 | $66K |
| Dental | GAURDIAN | 662 | $330K |
| Vision | VISION SERVICE PLAN | 430 | $57K |
| Life insurance | GAURDIAN | 662 | $330K |
| Long-term disability | GAURDIAN | 662 | $330K |
| Stop-loss / reinsurancereinsurance | FAIR AMERICAN INSURANCE | 442 | $445K |
| Other(3 contracts, 3 carriers) | GAURDIAN | 662 | $373K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 662 | — |
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.
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.