| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MSL BENEFITS AND CONSULTANTS, INC5 Filed as: MSL BENEFITS AND CONSULTANTS INC | P O BOX 303 WATSEKA, IL 60970 | BLUE CROSS & BLUE SHIELD OF ILLINOIS | $9K | $2K | $11K | 0.42% |
| THE HORTON GROUP5 Filed as: THE HORTON GROUP INC | 10320 ORLAND PARKWAY ORLAND PARK, IL 60467 | BLUE CROSS & BLUE SHIELD OF ILLINOIS | $3K | — | $3K | 0.12% |
| MSL BENEFITS AND CONSULTANTS, INC5 | P O BOX 303 WATSEKA, IL 60970 | DEARBORN NATIONAL | $3K | — | $3K | 11.39% |
| THE HORTON GROUP5 | 10320 ORLAND PARKWAY ORLAND PARK, IL 604675658 | DEARBORN NATIONAL | $1K | — | $1K | 3.61% |
| MSL BENEFITS AND CONSULTANTS, INC5 Filed as: MSL BENEFITS | P O BOX 03 WATSEKA, IL 60970 | VISION SERVICE PLAN | $1K | — | $1K | 4.15% |
| THE HORTON GROUP5 | 10320 ORLAND PARKWAY ORLAND PARK, IL 604675658 | VISION SERVICE PLAN | $66 | — | $66 | 0.24% |
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 | 204 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 207 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS & BLUE SHIELD OF ILLINOIS | 426 | $2.6M |
| Dental | BLUE CROSS & BLUE SHIELD OF ILLINOIS | 426 | $2.6M |
| Vision | VISION SERVICE PLAN | 138 | $27K |
| Life insurance | DEARBORN NATIONAL | 258 | $29K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 426 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.