| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES | 80TH SOUTH 8TH STREET MINNEAPOLIS, MN 55402 | HEALTHPARTNERS INSURANCE COMPANY | $7K | $0 | $7K | 2.85% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES, INC | 80 SOUTH 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $19K | $4K | $22K | 17.82% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER TECHNOLOGIES | 306 WEST ERIE ST STE 300 CHICAGO, IL 60654 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $2K | $2K | 1.50% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES, INC | 80 SOUTH 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $13K | $2K | $15K | 16.96% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER TECHNOLOGIES | 306 WEST ERIE ST STE 300 CHICAGO, IL 60654 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $1K | $1K | 1.50% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES, INC | 80 SOUTH 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $8K | $2K | $10K | 17.93% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER TECHNOLOGIES | 306 WEST ERIE ST CHICAGO, IL 60654 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $805 | $805 | 1.50% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMPANIES, INC | 80 SOUTH 8TH STREET MINNEAPOLIS, MN 55402 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $3K | $280 | $3K | 16.45% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER TECHNOLOGIES | 306 WEST ERIE ST STE 300 CHICAGO, IL 60654 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $290 | $290 | 1.50% |
| HAYS COMPANIES, INC.3 Filed as: HAYS COMAPANIES INC. | 80 SOUTH 8TH STREET SUITE 700 MINNEAPOLIS, MN 55402 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $3K | $611 | $3K | 18.52% |
| THE ULTIMATE SOFTWARE GROUP3 Filed as: THE ULTIMATE SOFTWARE GROUP INC. | 1485 NORTH PARK DRIVE WESTON, FL 33326 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $520 | $520 | 3.00% |
| WATCHTOWER BENEFITS, LLC3 Filed as: WATCHTOWER TECHNOLOGIES INC | 306 WEST ERIE ST 3RD FL CHICAGO, IL 60654 | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | $0 | $260 | $260 | 1.50% |
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 | 333 | 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) | 333 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHPARTNERS INSURANCE COMPANY | 598 | $229K |
| Vision | EYEMED | 435 | $22K |
| Life insurance(2 contracts) | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | 424 | $73K |
| Short-term disability | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | 333 | $126K |
| Long-term disability | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | 333 | $88K |
| Other(2 contracts) | THE LINCOLN FINANCIAL LIFE INSURANCE COMPANY | 333 | $37K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 598 | — |
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.