| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | THREE PARKWAY NORTH, STE 500 DEERFIELD, IL 60015 | BLUECROSS BLUESHIELD OF ILLINOIS | $55K | — | $55K | 1.50% |
| MESIROW INSURANCE SERVICES INC3 Filed as: MESIROW INSURANCE SERVICES | 353 N CLARK STREET, STE 1200 CHICAGO, IL 60654 | BLUECROSS BLUESHIELD OF ILLINOIS | $44 | — | $44 | 0.00% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL INC | THREE PARKWAY NORTH, STE 500 DEERFIELD, IL 60015 | HARTFORD LIFE AND ACCIDENT | $16K | — | $16K | 6.51% |
| MESIROW INSURANCE SERVICES INC3 Filed as: MESIROW FINANCIAL, INC | 353 NORTH CLARK ST, STE 1200 CHICAGO, IL 60654 | HARTFORD LIFE AND ACCIDENT | — | $1K | $1K | 0.48% |
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 | 210 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 212 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 446 | $3.7M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 183 | $186K |
| Vision | EYE MED | 275 | $19K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 210 | $238K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 210 | $238K |
| Prescription drug | BLUECROSS BLUESHIELD OF ILLINOIS | 446 | $3.7M |
| Other(2 contracts) | HARTFORD LIFE AND ACCIDENT | 210 | $238K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 446 | — |
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."
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.