| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 60602 | BLUECROSS BLUESHIELD OF ILLINOIS | $53K | $550 | $54K | 4.12% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 60602 | DEARBORN LIFE INSURANCE CO | $6K | — | $6K | 14.07% |
| 360 BENEFITS LLC3 | 20 N CLARK ST, SUITE 2825 CHICAGO, IL 60602 | VSP VISION CARE | $1K | — | $1K | 10.07% |
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 | 106 | 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) | 106 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 179 | $1.3M |
| Dental | BLUECROSS BLUESHIELD OF ILLINOIS | 179 | $1.3M |
| Vision | VSP VISION CARE | 84 | $12K |
| Life insurance | DEARBORN LIFE INSURANCE CO | 106 | $45K |
| Short-term disability | DEARBORN LIFE INSURANCE CO | 106 | $45K |
| Long-term disability | DEARBORN LIFE INSURANCE CO | 106 | $45K |
| Other | DEARBORN LIFE INSURANCE CO | 106 | $45K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 179 | — |
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.