| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHARLENE GRANSTRA3 | PO BOX 151 ROCK VALLEY, IA 512470151 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 8.71% |
| EMERSON REID LLC3 | 350 5TH AVE STE 3700 NEW YORK, NY 101183799 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 2.57% |
| ROGERS BENEFIT GROUP INC3 | 5110 N 40TH ST STE 234 PHOENIX, AZ 850182151 | PRINCIPAL LIFE INSURANCE COMPANY | $128 | — | $128 | 0.21% |
| CHARLENE GRANSTRA3 | PO BOX 151 ROCK VALLEY, IA 512470151 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 12.76% |
| EMERSON REID LLC3 | 350 5TH AVE STE 3700 NEW YORK, NY 101183799 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 4.41% |
| ROGERS BENEFIT GROUP INC3 | 7310 N 16TH ST STE 226 PHOENIX, AZ 850208212 | PRINCIPAL LIFE INSURANCE COMPANY | $162 | — | $162 | 0.60% |
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 | 185 | 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) | 185 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 264 | $89K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 264 | $62K |
| Long-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 264 | $89K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 264 | — |
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.