| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PRAIRIE STATES ENTERPRISES, INC. | 35 EAST WACKER DRIVE CHICAGO, IL 60601 | GERBER LIFE/UME | $0 | $143K | $143K | 28.21% |
| PRAIRIE STATES ENTERPRISES, INC. Filed as: PRAIRIE STATE ENTERPRISES, INC. | 35 EAST WACKER DRIVE CHICAGO, IL 60601 | GERBER LIFE/UME | $0 | $60K | $60K | 11.75% |
| AXIOS INSURANCE ADVISORS, LLC Filed as: AXIOS INSURANCE ADVISORS LLC | 528 4TH STREET NW GRAND RAPIDS, MI 49504 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | $57K | $66K | 115.00% |
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 | 220 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 220 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | GERBER LIFE/UME | 220 | $508K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $57K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 220 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.