| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| S & K ASSOCIATES LLC3 | 1502 NW PARKRIDGE PL ANKENY, IA 50023 | STANDARD INSURANCE COMPANY | $104K | — | $104K | 2.99% |
| S & K ASSOCIATES LLC3 | 1502 NW PARKRIDGE PL ANKENY, IA 50023 | STANDARD INSURANCE COMPANY | $213K | — | $213K | 11.37% |
| S & K ASSOCIATES LLC3 | 1502 NW PARKRIDGE PL ANKENY, IA 50023 | STANDARD INSURANCE COMPANY | $54K | — | $54K | 2.99% |
| IOWA BANKERS INSURANCE AND SERVICES3 Filed as: IOWA BANKERS INS & SERVICES IN | 8901 NORTHPARK DRIVE JOHNSTON, IA 50131 | VERATRUS BENEFIT SOLUTIONS | $62K | — | $62K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MILLIMAN NONE | Direct payment from the plan; Consulting (general); Actuarial Service code 11 | 15800 W BLUEMOUND ROAD, SUITE 100 BROOKFIELD, WI 53005 | $108K |
| BRAL NIEDERT PRIVATE WEALTH ADVISOR NONE | Direct payment from the plan; Investment management Service code 28 | 6701 WESTOWN PARKWAY SUITE 260 WEST DES MOINES, IA 50266 | $59K |
| DONALDSON CAPITAL MANAGEMENT NONE | Direct payment from the plan; Investment management Service code 28 | 20 NW 1ST STREET, 5TH FLOOR EVANSVILLE, IN 47708 | $57K |
| DELOITTE & TOUCHE LLP EIN 13-3891517 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $54K |
| DENTONS DAVIS, BROWN, KOEHN LAW FIR EIN 42-1343884 NONE | Legal; Direct payment from the plan Service code 29 | — | $20K |
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 | 14,735 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 596 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 106 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 15,437 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VERATRUS BENEFIT SOLUTIONS | 3,204 | $623K |
| Life insurance | STANDARD INSURANCE COMPANY | 9,472 | $3.5M |
| Short-term disability | STANDARD INSURANCE COMPANY | 5,777 | $1.8M |
| Long-term disability | STANDARD INSURANCE COMPANY | 8,088 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 9,472 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.