| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| J. KRUG & ASSOCIATES3 Filed as: J. KRUG & ASSOCIATES, INC. | 1350 WEST NORTHWEST HIGHWAY SUITE 300 MOUNT PROSPECT, IL 60056 | UNUM LIFE INSURANCE CO. OF AMERICA | $3K | $244 | $3K | 11.02% |
| J. KRUG & ASSOCIATES3 | ONE PIERCE PL SUITE 120W ITASCA, IL 60143 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 15.00% |
| J. KRUG & ASSOCIATES3 | ONE PIERCE PL. SUITE 120W ITASCA, IL 60143 | LINCOLN NATIONAL LIFE INSURANCE COMPANY 4 | $785 | — | $785 | 12.79% |
| J. KRUG & ASSOCIATES3 | ONE PIERCE PL SUITE 120W ITASCA, IL 60143 | LINCOLN NATIONAL LIFE INSURANCE CO 2 | $836 | — | $836 | 15.00% |
| J. KRUG & ASSOCIATES3 | ONE PIERCE PL SUITE 120W ITASCA, IL 60143 | LINCOL NATIONAL LIFE INSURANCE COMPANY | $571 | — | $571 | 13.40% |
| J. KRUG & ASSOCIATES3 | ONE PIERCE PL. SUITE 120W ITASCA, IL 60143 | LINCOL NATIONAL LIFE INSURANCE COMPANY 3 | $80 | — | $80 | 14.98% |
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 | 113 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 113 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE CO. OF AMERICA | 205 | $29K |
| Long-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE CO. OF AMERICA | 205 | $31K |
| Other(5 contracts, 5 carriers) | UNUM LIFE INSURANCE CO. OF AMERICA | 205 | $43K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 205 | — |
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.