| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WOODRUFF FINANCIAL INC3 | 1410 W OLD MILL RD LAKE FOREST, IL 600453720 | HUMANA WISCONSIN HEALTH ORGANIZATION INSURANCE CORPORATE | $41K | $365 | $41K | 5.03% |
| WOODRUFF FINANCIAL INC3 Filed as: WOODRUFF FINANCIAL | 1410 WEST OLD MILL ROAD LAKE FOREST, IL 60045 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 10.74% |
| WOODRUFF FINANCIAL INC3 | 1410 W OLD MILL ROAD LAKE FOREST, IL 60045 | HUMANA INSURANCE COMPANY | $912 | — | $912 | 8.90% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DELTA DENTAL OF WISCONSIN EIN 39-6094742 THIRD PARTY ADMIN | Contract Administrator Service code 13 | — | $6K |
| WOODRUFF FINANCIAL BROKER | Insurance agents and brokers Service code 22 | LISA CLARKSON 1410 W OLD MILL ROAD LAKE FOREST, IL 600450000 | $754 |
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 | 120 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | 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 |
|---|---|---|---|
| Vision(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 160 | $60K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 160 | $50K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 160 | $50K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 160 | $50K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 160 | $50K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 160 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.