| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSUREDPARTNERS3 Filed as: KUNKEL & ASSOCIATES, INC. | 401 DATA COURT DUBUQUE, IA 52003 | TOKIO MARINE HCC | $228K | — | $228K | 17.00% |
| ASSUREDPARTNERS3 Filed as: KUNKEL & ASSOCIATES, INC. | 401 DATA COURT DUBUQUE, IA 52003 | TOKIO MARINE HCC | $27K | — | $27K | 5.00% |
| COMMERICAL GROUP INTERMEDIARIES3 | 2356 HASSELL ROAD, SUITE F HOFFMAN ESTATES, IL 60169 | TOKIO MARINE HCC | $15K | — | $15K | 2.85% |
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 | 350 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 350 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Other(2 contracts) | TOKIO MARINE HCC | 2,582 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,582 | — |
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.