| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M3 INS SOLUTIONS INC3 | PO BOX 8950 MADISON, WI 53708 | STANDARD INSURANCE COMPANY | $11K | — | $11K | 12.12% |
| WATCHTOWER TECHNOLOGIES INC3 | 227 WEST MONROE ST STE 5200 CHICAGO, IL 60606 | STANDARD INSURANCE COMPANY | — | $798 | $798 | 0.87% |
| M3 INS SOLUTIONS INC3 | PO BOX 8950 MADISON, WI 53708 | STANDARD INSURANCE COMPANY | $13K | — | $13K | 22.64% |
| WATCHTOWER TECHNOLOGIES INC3 | 227 WEST MONROE ST STE 5200 CHICAGO, IL 60606 | STANDARD INSURANCE COMPANY | — | $608 | $608 | 1.03% |
| M3 INS SOLUTIONS INC3 | PO BOX 8950 MADISON, WI 53708 | STANDARD INSURANCE COMPANY | $11K | — | $11K | 24.50% |
| WATCHTOWER TECHNOLOGIES INC3 | 227 WEST MONROE ST STE 5200 CHICAGO, IL 60606 | STANDARD INSURANCE COMPANY | — | $437 | $437 | 1.00% |
| M3 INS SOLUTIONS INC3 | PO BOX 8950 MADISON, WI 53708 | STANDARD INSURANCE COMPANY | $6K | — | $6K | 22.92% |
| WATCHTOWER TECHNOLOGIES INC3 | 227 WEST MONROE ST STE 5200 CHICAGO, IL 60606 | STANDARD INSURANCE COMPANY | — | $242 | $242 | 0.90% |
| M3 INSURANCE SOLUTIONS INC3 | PO BOX 8950 MADISON, WI 53708 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 5.96% |
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 | 397 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 402 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | STANDARD INSURANCE COMPANY | 181 | $22K |
| Life insurance | STANDARD INSURANCE COMPANY | 276 | $27K |
| Short-term disability | STANDARD INSURANCE COMPANY | 249 | $91K |
| Long-term disability | STANDARD INSURANCE COMPANY | 154 | $44K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 276 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.