| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | 2727 GRAND PRAIRIE PKWY WAUKEE, IA 502630004 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $1K | $7K | 6.26% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | P O BOX 9207 DES MOINES, IA 503069207 | STANDARD INSURANCE COMPANY | $11K | — | $11K | 28.66% |
| AVANT SPECIALTY BENEFITS LLC3 | P O BOX 441 DES MOINES, IA 50302 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 3.47% |
| C2 CENTRIC LLC3 | P O BOX 6824 GRAND RAPIDS, MI 49516 | STANDARD INSURANCE COMPANY | $261 | — | $261 | 0.66% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES LLC | P O BOX 9207 DES MOINES, IA 503069207 | STANDARD INSURANCE COMPANY | $8K | — | $8K | 28.90% |
| AVANT SPECIALTY BENEFITS LLC3 | P O BOX 441 DES MOINES, IA 50302 | STANDARD INSURANCE COMPANY | $978 | — | $978 | 3.52% |
| C2 CENTRIC LLC3 | P O BOX 6824 GRAND RAPIDS, MI 49516 | STANDARD INSURANCE COMPANY | $174 | — | $174 | 0.63% |
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 | 332 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 334 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 355 | $118K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 355 | $118K |
| Life insurance | STANDARD INSURANCE COMPANY | 334 | $40K |
| Long-term disability | STANDARD INSURANCE COMPANY | 99 | $28K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 355 | — |
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.