| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| 360 BENEFITS LLC4 | 20 N CLARK ST, STE 2825 CHICAGO, IL 60602 | BLUECROSS BLUESHIELD | $37K | — | $37K | 5.05% |
| 360 BENEFITS LLC4 | 20 N CLARK ST, STE 2825 CHICAGO, IL 60602 | GUARDIAN | $22K | — | $22K | 19.38% |
| 360 BENEFITS LLC4 | 20 N CLARK ST, STE 2825 CHICAGO, IL 60602 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | $121 | $13K | 18.58% |
| 360 BENEFITS LLC4 | 20 N CLARK ST, STE 2825 CHICAGO, IL 60602 | AETNA | $6K | — | $6K | 16.21% |
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 | 136 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 136 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD | 136 | $737K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 123 | $67K |
| Vision | GUARDIAN | 123 | $115K |
| Life insurance | GUARDIAN | 123 | $115K |
| Short-term disability | GUARDIAN | 123 | $115K |
| Long-term disability | GUARDIAN | 123 | $115K |
| Other(2 contracts, 2 carriers) | GUARDIAN | 136 | $149K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 136 | — |
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.