| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAMES SCOTT & SON INC3 Filed as: JAMES SCOTT WOOD | PO BOX 8044 ELBURN, IL 60119 | UNITED HEALTHCARE INSURANCE COMPANY | $16K | — | $16K | 3.45% |
| EUCLID MANAGERS3 | 234 SPRING LAKE DR ITASCA, IL 60143 | UNITED HEALTHCARE INSURANCE COMPANY | $6K | — | $6K | 1.31% |
| WOOD & ASSOCIATES INC3 | PO BOX 8044 ELBURN, IL 60119 | PRINCIPAL LIFE INSURANCE COMPANY | $12K | — | $12K | 16.69% |
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 | 195 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 195 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 79 | $474K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 253 | $72K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 253 | $72K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 253 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.