| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALLEY UNITED INSURANCE AGENCY3 Filed as: VALLEY COMPANIES, INC. | 1823 CENTRE POINT CIRCLE, SUITE 101 NAPERVILLE, IL 60563 | BLUECROSS BLUESHIELD OF ILLINOIS | $120K | $1 | $120K | 3.50% |
| MCGRATH AUTOMOTIVE GROUP3 | 2020 NORTH RANDALL ROAD ELGIN, IL 60123 | BLUECROSS BLUESHIELD OF ILLINOIS | $0 | $1 | $1 | 0.00% |
| CRUM HALSTED AGENCY INC3 Filed as: CRUM HALSTED AGENCY, INC. | 2350 BETHANY ROAD SYCAMORE, IL 60178 | SUN LIFE ASSURANCE COMPANY OF CANADA | $26K | $0 | $26K | 8.65% |
| VALLEY UNITED INSURANCE AGENCY3 Filed as: VALLEY COMPANIES, INC. | 1823 CENTRE POINT CIRCLE, SUITE 101 NAPERVILLE, IL 60563 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | — | $2K | 0.66% |
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 | 293 | 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) | 293 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 554 | $3.4M |
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 293 | $306K |
| Vision | SUN LIFE ASSURANCE COMPANY OF CANADA | 293 | $306K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 293 | $306K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 293 | $306K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 293 | $306K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 554 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.