| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INVISION BENEFIT3 | PO BOX10932 CHICAGO, IL 60610 | METROPOLITAN LIFE INSURANCE COMPANY | $59K | $95 | $60K | 13.90% |
| SECURE BENEFIT ADMINISTRATORS LLC3 | 2413 W ALGONQUIN RD UNIT 239 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | — | $16K | $16K | 3.62% |
| INVISION BENEFIT3 Filed as: INVISION BENEFIT LTD | 99 BOULDER DRIVE LAKE IN THE HILLS, IL 60156 | EYEMED VISION ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 5.42% |
| INVISION BENEFIT3 Filed as: INVISION BENEFIT LTD | 540 N. DEARBORN ST #10932 CHICAGO, IL 60610 | EYEMED VISION ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE COMPANY | $967 | — | $967 | 4.63% |
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 | 638 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 638 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 638 | $429K |
| Vision | EYEMED VISION ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE COMPANY | 374 | $21K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 638 | $429K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 638 | $429K |
| Stop-loss / reinsurancereinsurance | MEDICA INSURANCE COMPANY | 279 | $513K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 638 | $429K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 638 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.