| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M3 INSURANCE SOLUTIONS INC3 Filed as: M3 INSURANCE SOLUTIONS INC. | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | DELTA DENTAL OF WISCONSIN | $5K | — | $5K | 4.79% |
| PATRICK T HORNE3 | 20825 SWENSON DR STE 250 WAUKESHA, WI 53186 | NORTHWESTERN MUTUAL | $3K | $640 | $3K | 3.75% |
| JEROD THOMAS SPAETH3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $3K | $640 | $3K | 3.75% |
| DI MEGLIO FNCL GRP LLC3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $762 | $91 | $853 | 1.01% |
| ANDREW J WHITE3 | 20825 SWENSON DR STE 250 WAUKESHA, WI 53186 | NORTHWESTERN MUTUAL | $254 | $91 | $345 | 0.41% |
| PATRICK T HORNE3 | 20825 SWENSON DR STE 250 WAUKESHA, WI 53186 | NORTHWESTERN MUTUAL | $2K | $437 | $2K | 2.92% |
| JEROD THOMAS SPAETH3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $2K | $437 | $2K | 2.92% |
| DI MEGLIO FNCL GRP LLC3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $521 | $62 | $583 | 0.78% |
| ANDREW J WHITE3 | 20825 SWENSON DR STE 250 WAUKESHA, WI 53186 | NORTHWESTERN MUTUAL | $174 | $62 | $236 | 0.32% |
| M3 INSURANCE SOLUTIONS INC3 | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | UNITEDHEALTHCARE INSURANCE COMPANY | $4K | — | $4K | 12.96% |
| M3 INSURANCE SOLUTIONS INC3 Filed as: M3 INSURANCE SOLUTIONS INC. | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | WYSSTA INSURANCE COMPANY INC | $1K | — | $1K | 8.10% |
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 | 227 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 227 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF WISCONSIN | 167 | $112K |
| Vision | WYSSTA INSURANCE COMPANY INC | 153 | $16K |
| Life insurance | UNITEDHEALTHCARE INSURANCE COMPANY | 266 | $34K |
| Short-term disability | NORTHWESTERN MUTUAL | 224 | $74K |
| Long-term disability | NORTHWESTERN MUTUAL | 224 | $85K |
| Other | UNITEDHEALTHCARE INSURANCE COMPANY | 266 | $34K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 266 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.