| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT ADVISORS SERVICES GROUP LLC Filed as: BENEFIT ADVISORS SERVICES GROUP | 1120 SANCTUARY PARKWAY STE 375 ALPHARETTA, GA 30009 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | — | $12K | $12K | 1.99% |
| HOLMES MURPHY & ASSOCIATES Filed as: HOLMES MURPHY AND ASSOCIATES | 3001 WESTOWN PKWY WEST DES MOINES, IA 50266 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $5K | — | $5K | 0.78% |
| BENEFIT ADVISOR SERVICES | 1120 SANCTUARY PARKWAY ALPHARETTA, GA 30009 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | — | $4K | $4K | 1.98% |
| HOLMES MURPHY & ASSOCIATES Filed as: HOLMES MURPHY AND ASSOCIATES | 3001 WESTOWN PKWY WEST DES MOINES, IA 50266 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $2K | — | $2K | 0.72% |
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 | 1,520 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 409 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,929 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK BLUE CROSS BLUE SHIELD OF IOWA | 1,481 | $16.8M |
| Dental | DELTA DENTAL OF IOWA | 2,095 | $0 |
| Vision | VISION SERVICE PLAN | 91 | $94K |
| Life insurance | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,520 | $592K |
| Short-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,520 | $0 |
| Long-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 540 | $225K |
| Other(2 contracts, 2 carriers) | OPTUMHEALTH FINANCIAL SERVICE | 1,520 | $416K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,095 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.