| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENICO LTD3 Filed as: BENICO, LTD | PO BOX 8 HUNTLEY, IL 60142 | HUMANA INSURANCE COMPANY | $78K | — | $78K | 7.24% |
| BENICO LTD3 | PO BOX 8 HUNTLEY, IL 60142 | HUMANA HEALTH PLAN INC. | $2K | — | $2K | 5.00% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP INC. | 5110 N 40TH ST STE 234 PHOENIX, AZ 85018 | HUMANA HEALTH PLAN INC. | -$96 | — | -$96 | -0.25% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANH OF NORTH AMERICA | $2K | — | $2K | 9.44% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 9.72% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 9.87% |
| BENICO LTD3 Filed as: BENICO, LTD | 11715 E MAIN STREET PO BOX 8 HUNTLEY, IL 60142 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $230 | — | $230 | 9.45% |
| BENICO LTD3 | P O BOX 8 HUNTLEY, IL 60142 | COMPBENEFITS DENTAL, INC. | $184 | — | $184 | 10.82% |
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 | 143 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 34 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 178 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 114 | $1.1M |
| Dental(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 114 | $1.1M |
| Vision | HUMANA INSURANCE COMPANY | 114 | $1.1M |
| Life insurance | LIFE INSURANCE COMPANH OF NORTH AMERICA | 157 | $25K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 157 | $20K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 157 | $17K |
| Other(2 contracts, 2 carriers) | LIFE INSURANCE COMPANH OF NORTH AMERICA | 157 | $28K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 157 | — |
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.