| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCGRIFF INSURANCE SERVICES INC3 | PO BOX 896620 CHARLOTTE, NC 28289 | PRINCIPAL LIFE INSURANCE COMPANY | $13K | — | $13K | 4.59% |
| M3 INS SOLUTIONS INC3 | P O BOX 8950 MADISON, WI 53798 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | — | $10K | 3.35% |
| WATCHTOWERN BENEFITS LLC3 | 306 W ERIE STREET SUITE 300 CHICAGO, IL 60654 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $4K | $4K | 1.38% |
| M3 INS SOLUTIONS INC3 | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $2K | $2K | 0.87% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR INC EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $136K |
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 | 169 | 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) | 169 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TOKIO MARINE | 162 | $29K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE | 162 | $0 |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 169 | $286K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 169 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.