| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTNL MW-BROOKFIELD | 330 S EXECUTIVE DR STE 200 BROOKFIELD, WI 53005 | HUMANA INSURANCE COMPANY | $42K | — | $42K | 3.01% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 2500 E ENTERPRISE AVE APPLETON, WI 54913 | UNITEDHEALTHCARE INSURANCE COMPANY | $2K | $15K | $17K | 3.27% |
| PATRICK T HORNE3 | STE 200 20300 WATER TOWER BLVD BROOKFIELD, WI 53045 | NORTHWESTERN MUTUAL | $21K | $47K | $68K | 162.94% |
| JEROD THOMAS SPAETH3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $21K | $47K | $68K | 162.94% |
| LUEDER FNCL GRP LLC3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $8K | $9K | $17K | 41.48% |
| PATRICK T HORNE3 | STE 200 20300 WATER TOWER BLVD BROOKFIELD, WI 53045 | NORTHWESTERN MUTUAL | $11K | $25K | $36K | 105.82% |
| JEROD THOMAS SPAETH3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $11K | $25K | $36K | 105.82% |
| LUEDER FNCL GRP LLC3 | STE 950 330 E KILBOURN AVE MILWAUKEE, WI 53202 | NORTHWESTERN MUTUAL | $4K | $5K | $9K | 27.05% |
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 | 167 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 8 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 177 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 441 | $1.9M |
| Dental(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 441 | $1.9M |
| Vision(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 441 | $1.9M |
| Life insurance(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 441 | $1.9M |
| Short-term disability | NORTHWESTERN MUTUAL | 168 | $34K |
| Long-term disability | NORTHWESTERN MUTUAL | 168 | $42K |
| Other | HUMANA INSURANCE COMPANY | 166 | $1.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 441 | — |
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."
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.