| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JT SPAETH INC DBA SPAETH BARRET3 | 330 E KILBOURN AVE STE 950 MILWAUKEE, WI 53202 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | — | $9K | 14.98% |
| JT SPAETH INC DBA SPAETH BARRET3 Filed as: JT SPAETH,INC. | 330 E KILBOURN AVE STE 950 MILWAUKEE, WI 53202 | DELTA DENTAL OF WISCONSIN | $4K | — | $4K | 8.23% |
| JT SPAETH INC DBA SPAETH BARRET3 | 330 E KILBOURN AVE STE 950 MILWAUKEE, WI 53202 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 15.00% |
| JTSPAETH INC3 | 330 E KILBOURN AVE STE 950 MILWAUKEE, WI 53202 | SUPERIOR VISION INSURANCE PLAN OF WISCONSIN INC. | $254 | — | $254 | 4.98% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NATIONAL HEALTH INSURANCE COMPANY CLAIMS PROCESSING | Insurance services; Claims processing Service code 12 | P.O. BOX 619999 DALLAS, TX 75261 | $423K |
| NATIONAL GENERAL INSURANCE COMPANY CLAIMS PROCESSING | Claims processing; Insurance services Service code 12 | 1515 NORTH RIVERCENTER DRIVE SUITE #135 MILWAUKEE, WI 53212 | $127K |
| JTSPAETH INC INS AGENTS AND BROKERS | Insurance agents and brokers Service code 22 | 330 E. KILBOURN AVE STE 950 MILWAUKEE, WI 53202 | $45K |
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 | 119 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 121 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF WISCONSIN | 50 | $52K |
| Vision | SUPERIOR VISION INSURANCE PLAN OF WISCONSIN INC. | 66 | $5K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 103 | $77K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 103 | $58K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 103 | $58K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 103 | $77K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 103 | — |
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.