| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BARHAM BENEFIT GROUP3 | 919 WEST KIRBY AVE CHAMPAIGN, IL 61821 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | — | $8K | 10.00% |
| BSP GROUP BENEFITS INC3 | 206 S JEFFERSON SUITE 200 CHICAGO, IL 60661 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $2K | $2K | 3.00% |
| BARHAM BENEFIT GROUP3 | 919 WEST KIRBY AVE CHAMPAIGN, IL 61821 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 15.00% |
| BSP GROUP BENEFITS INC3 | 206 S JEFFERSON SUITE 200 CHICAGO, IL 60661 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $2K | $2K | 5.00% |
| BARHAM BENEFIT GROUP3 | 919 WEST KIRBY AVE CHAMPAIGN, IL 61821 | BLUECROSS BLUESHIELD OF ILLINOIS | $31K | — | $31K | 100.00% |
| BARHAM BENEFIT GROUP3 Filed as: BARHAM BENEFITS GROUP | 919 WEST KIRBY AVE CHAMPAIGN, IL 61821 | EYE MED | $975 | — | $975 | 8.30% |
| BSP GROUP BENEFITS INC3 Filed as: BSP GROUP BENEFITS, INC | 206 S JEFFERSON, SUITE 200 CHICAGO, IL 60661 | EYE MED | — | $488 | $488 | 4.16% |
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 | 131 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 132 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF ILLINOIS | 269 | $31K |
| Dental | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 111 | $83K |
| Vision | EYE MED | 196 | $12K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 179 | $35K |
| Prescription drug | BLUECROSS BLUESHIELD OF ILLINOIS | 269 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 269 | — |
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.