| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| 360 BENEFITS LLC3 | 20 N CLARK ST, STE 2825 CHICAGO, IL 60602 | BLUE CROSS BLUE SHIELD OF ILLINOIS | — | $30K | $30K | 0.98% |
| 360 BENEFITS LLC3 | 20 N CLARK ST - STE 2825 CHICAGO, IL 60602 | METROPOLITAN LIFE INSURANCE COMPANY | $48K | $61 | $48K | 13.65% |
| 360 BENEFITS LLC3 | 20 N. CLARK STREET - STE 2825 CHICAGO, IL 60602 | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INS COMPANY | $2K | — | $2K | 8.56% |
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 | 334 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 347 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF ILLINOIS | 502 | $3.1M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $349K |
| Vision | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INS COMPANY | 454 | $27K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $349K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $349K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $349K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $349K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 542 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.