| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS GREAT PLAINS LLC | 914 AVENUE G FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $3K | $3K | 4.50% |
| GROUP BENEFIT PARTNERS LLC3 Filed as: GROUP BENEFIT PARTNERS | PO BOX 133 FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 2.00% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS GREAT PLAINS LLC | 914 AVENUE G FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $2K | $2K | 4.48% |
| GROUP BENEFIT PARTNERS LLC3 Filed as: GROUP BENEFIT PARTNERS | PO BOX 133 FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $670 | $670 | 1.93% |
| SELECT NETWORKS3 | 317 6TH AVE DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $4K | — | $4K | 11.00% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS GREAT PLAINS LLC | 914 AVENUE G FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $2K | $2K | 4.54% |
| GROUP BENEFIT PARTNERS LLC3 Filed as: GROUP BENEFIT PARTNERS | PO BOX 133 FORT MADISON, IA 52627 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $651 | $651 | 1.96% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHPARTNERS INSURANCE COMPANY EIN 41-1683523 THIRD PARTY ADMINISTRATOR | Claims processing Service code 12 | 8170 33RD AVE SOUTH BLOOMINGTON, MN 55425 | $13K |
| ADVANTAGE ADMINISTRATORS EIN 42-1294349 THIRD PARTY ADMINISTRATOR | Claims processing Service code 12 | PO BOX 118 WAVERLY, IA 50677 | $5K |
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 | 310 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 18 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 328 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHPARTNERS UNITYPOINT HEALTH | 241 | $2.3M |
| Dental | DELTA DENTAL OF IOWA | 305 | $0 |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 163 | $34K |
| Life insurance(2 contracts) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 326 | $99K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 310 | $33K |
| Other | HEALTHPARTNERS INSURANCE COMPANY | 241 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 326 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.