| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INVISION BENEFIT3 | 2413 WEST ALGONQUIN ROAD PMB 401 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | $50K | — | $50K | 16.49% |
| SECURE BENEFIT ADMINISTRATORS LLC3 Filed as: SECURE BENEFIT ADMINSTRATORS LLC | 2413 WEST ALGONQUIN ROAD UNIT 239 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | — | $10K | $10K | 3.15% |
| INVISION BENEFIT3 Filed as: INVISION BENEFIT, LTD. | 540 NORTH DEARBORN STREET #10932 CHICAGO, IL 60610 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 10.69% |
| INVISION BENEFIT3 | 2413 WEST ALGONQUIN ROAD PMB 401 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 11.30% |
| SECURE BENEFIT ADMINISTRATORS LLC3 | 2413 WEST ALGONQUIN ROAD UNIT 239 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | — | $767 | $767 | 5.64% |
| INVISION BENEFIT3 | 2413 WEST ALGONQUIN ROAD SUITE 401 CHICAGO, IL 60102 | METLIFE LEGAL PLANS | $454 | $230 | $684 | 7.89% |
| INVISION BENEFIT3 | PO BOX 10932 CHICAGO, IL 60610 | METLIFE LEGAL PLANS | $370 | — | $370 | 4.27% |
| INVISION BENEFIT3 | 2413 WEST ALGONQUIN ROAD PMB 401 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | $836 | — | $836 | 11.80% |
| SECURE BENEFIT ADMINISTRATORS LLC3 | 2413 WEST ALGONQUIN ROAD UNIT 239 ALGONQUIN, IL 60102 | METROPOLITAN LIFE INSURANCE COMPANY | — | $418 | $418 | 5.90% |
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 | 249 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 12 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 261 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 554 | $303K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 363 | $15K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 554 | $303K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 554 | $303K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MINNESOTA | 261 | $302K |
| Other(4 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 554 | $333K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 554 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.