| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STAPLETON GROUP, INC.3 Filed as: STAPLETON GROUP INC | 122 N MAIN ST SWANTON, OH 435581032 | PRINCIPAL LIFE INSURANCE COMPANY | $211K | $43K | $254K | 16.61% |
| LAYNE FINANCIAL INC3 | 3009 WILMINGTON RD STE 100 NEW CASTLE, PA 16105 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | — | $8K | 0.56% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR, INC. EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | PO BOX 1087 WAUSAU, WI 544021087 | $321K |
| RUDY STAPLETON & SON INC EIN 34-1014223 BROKER | Other commissions Service code 55 | 122 MAIN STREET SWANTON, OH 43558 | $104K |
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 | 1,072 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,072 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Stop-loss / reinsurancereinsurance | NATIONAL MEDICAL EXCESS-IRC-NATIONWIDE | 911 | $1.0M |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 1,785 | $1.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,785 | — |
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.