| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES3 | P.O. BOX 441 DES MOINES, IA 50302 | HUMANA INSURANCE COMPANY | $5K | — | $5K | 4.26% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY & ASSOCIATES, LLC | P.O. BOX 441 DES MOINES, IA 50302 | HUMANA BENEFIT PLAN OF ILLINOIS, INC. | $200 | — | $200 | 4.20% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DELTA DENTAL EIN 42-0959302 CLAIMS PROCESSOR | Claims processing Service code 12 | — | $32K |
| RXBENEFITS EIN 63-1157085 CLAIMS PROCESSOR | Claims processing Service code 12 | — | $8K |
| HOLMES, MURPHY & ASSOCIATES BROKER | Insurance agents and brokers Service code 22 | 2727 GRAND PRAIRIE PARKWAY WAUKEE, IA 50263 | $39 |
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 | 461 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 68 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 529 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | WELLMARK BLUECROSS AND BLUESHIELD OF IOWA | 459 | $4.4M |
| Vision | EYEMED | 821 | $51K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 583 | $979K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 583 | $979K |
| Other | ARAG INSURANCE COMPANY | 166 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 821 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.