| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC | 2727 GRAND PRAIRIE PKWY WAUKEE, IA 502638844 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $16K | $22K | 8.72% |
| JENNIFER SMITH3 Filed as: JENNIFER L SMITH | 4019 INGERSOLL AVE DES MOINES, IA 503122710 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $0 | $6K | 2.53% |
| JAMES LAWRENCE LUMLEY3 | 6701 WESTOWN PKWY STE 200 WEST DES MOINES, IA 502667706 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $0 | $6K | 2.53% |
| DONALD EVERETT LASTER3 | 6701 WESTOWN PKWY STE 200 WEST DES MOINES, IA 502667706 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $0 | $6K | 2.53% |
| TYLER CHARLES PHELPS3 | 6701 WESTOWN PKWY STE 200 WEST DES MOINES, IA 502667706 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $0 | $6K | 2.53% |
| AVANT SPECIALTY BENEFITS LLC3 Filed as: AVANT SPECIALTY BENEFITS, LLC | 1828 WALNUT ST STE 700 KANSAS CITY, MO 641081840 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $3K | $3K | 1.06% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES, MURPHY AND ASSOCIATES LLC | PO BOX 441 DES MOINES, IA 503020441 | VISION SERVICE PLAN | $7K | $0 | $7K | 9.99% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY, AND ASSOCIATES, LLC | 2727 GRAND PRAIRIE PARKWAY WAUKEE, IA 50263 | EMPLOYEE NETWORK, INC. | $4K | $0 | $4K | 24.39% |
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 | 470 | 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) | 470 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 316 | $70K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 498 | $254K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 498 | $254K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 535 | $269K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 535 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.