| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BPA TROXEL BENEFITS LLC | 712 IAA DR BLOOMINGTON, IL 61701 | HEALTH CARE SERVICE CORPORATION | $23K | — | $23K | 6.89% |
| COTTINGHAM & BUTLER3 Filed as: COTTINGHAM AND BUTLER INSURANCE SVC | 800 MAIN ST. DUBUQUE, IA 52001 | HEALTH CARE SERVICE CORPORATION | $5K | — | $5K | 1.59% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BPA TROXEL BENEFITS LLC | 712 IAA DRIVE BLOOMINGTON, IL 61701 | DEARBORN LIFE INSURANCE COMPANY | $41K | — | $41K | 12.99% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BPA TROXELL BENEFITS, LLC | 712 IAA DR BLOOMINGTON, IL 61701 | VISION SERVICE PLAN | $2K | — | $2K | 4.29% |
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 | 576 | 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) | 576 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | HEALTH CARE SERVICE CORPORATION | 828 | $332K |
| Vision | VISION SERVICE PLAN | 354 | $36K |
| Life insurance | DEARBORN LIFE INSURANCE COMPANY | 564 | $316K |
| Long-term disability | DEARBORN LIFE INSURANCE COMPANY | 564 | $316K |
| Other | DEARBORN LIFE INSURANCE COMPANY | 564 | $316K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 828 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.