| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES, INC | PO BOX 3009 ARLINGTON HEIGHTS, IL 600063009 | HM LIFE INSURANCE COMPANY | $67K | — | $67K | 5.00% |
| SUMMIT GROUP OF VIRGINIA3 Filed as: THE SUMMIT GROUP OF VIRGINIA | 5029 CORPORATE WOODS DRIVE SUITE 200 VIRGINIA BEACH, VA 23462 | SUN LIFE ASSURANCE COMPANY OF CANADA | $59K | — | $59K | 9.00% |
| MGIS3 | 111 SOUTH MAIN STREET SUITE 400 SALT LAKE CITY, UT 841112176 | SUN LIFE ASSURANCE COMPANY OF CANADA | $0 | $165 | $165 | 0.02% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $64K | $13K | $77K | 12.06% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $88K | $11K | $99K | 16.87% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $71K | $10K | $81K | 17.11% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $3K | $3K | 2.02% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $12K | $1K | $13K | 16.74% |
| SUMMIT GROUP OF VIRGINIA3 | 5029 CORPORATE WOODS DR SUITE 200 VIRGINIA BEACH, VA 23462 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $821 | $821 | 2.21% |
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 | 3,019 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 64 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,083 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF ILLINOIS | 2,274 | $1.2M |
| Life insurance(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 3,172 | $720K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 1,624 | $638K |
| Long-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 1,623 | $1.1M |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | HM LIFE INSURANCE COMPANY | 2,271 | $1.3M |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,799 | $117K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,172 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.