| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, L.C. | PO BOX 1863 CEDAR RAPIDS, IA 52406 | BLUECROSS BLUESHIELD OF ILLINOIS | $72K | $710 | $73K | 3.78% |
| KYLE D MERTZ3 | 500 1ST ST SE CEDAR RAPIDS, IA 52401 | DEARBORN LIFE INSURANCE COMPANY | $18K | — | $18K | 11.60% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS GREAT PLAINS LLC | 4200 UNIVERSITY AVE STE 200 WEST DES MOINES, IA 50266 | DEARBORN LIFE INSURANCE COMPANY | $5K | — | $5K | 3.40% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 55 E JACKSON BLVD 12TH FL CHICAGO, IL 60604 | DEARBORN LIFE INSURANCE COMPANY | $0 | $3K | $3K | 2.18% |
| TRUENORTH COMPANIES LC3 | PO BOX 1863 CEDAR RAPIDS, IA 52406 | DELTA DENTAL OF ILLINOIS | $13K | — | $13K | 9.14% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER | 2734 N MILDRED AVE #3 CHICAGO, IL 60618 | DELTA DENTAL OF ILLINOIS | $639 | — | $639 | 0.45% |
| TRUE NORTH COMPANIES LC3 Filed as: TRUE NORTH COMPANIES, L.C. | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | VISION SERVICE PLAN | $2K | — | $2K | 9.99% |
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 | 167 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 17 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 184 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 323 | $1.9M |
| Dental | DELTA DENTAL OF ILLINOIS | 139 | $142K |
| Vision | VISION SERVICE PLAN | 126 | $17K |
| Life insurance | DEARBORN LIFE INSURANCE COMPANY | 203 | $154K |
| Short-term disability | DEARBORN LIFE INSURANCE COMPANY | 203 | $154K |
| Long-term disability | DEARBORN LIFE INSURANCE COMPANY | 203 | $154K |
| Other | DEARBORN LIFE INSURANCE COMPANY | 203 | $154K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 323 | — |
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.