| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, LLC | 500 1ST STREET SE CEDAR RAPIDS, IA 52401 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $65K | $12K | $77K | 20.48% |
| GROUP SOLUTIONS LLC3 Filed as: GROUP SOLUTIONS, LLC | 16703 RIVER ROAD NORTH BRANCH, MN 55056 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $0 | $19K | $19K | 5.00% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, LLC | PO BOX 1863 CEDAR RAPIDS, IA 52406 | UNITEDHEALTHCARE INSURANCE COMPANY | $11K | $0 | $11K | 3.69% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, LLC | 500 1ST STREET SE CEDAR RAPIDS, IA 52401 | UNITEDHEALTHCARE INSURANCE COMPANY | $0 | $6K | $6K | 2.06% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, LLC | 421 4TH AVENUE SE CEDAR RAPIDS, IA 52401 | RELIASTAR LIFE INSURANCE COMPANY | $35K | $0 | $35K | 26.41% |
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 | 709 | 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) | 709 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HCC LIFE INSURANCE COMPANY | 566 | $435K |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 1,024 | $305K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 1,024 | $305K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 709 | $377K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 709 | $377K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 709 | $377K |
| Prescription drug | HCC LIFE INSURANCE COMPANY | 566 | $435K |
| Other(2 contracts, 2 carriers) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 709 | $510K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,024 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.