| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DEAN NIHART3 | VSR FINANCIAL SERVICES 1012 GRAND WEST DES MOINES, IA 50265 | JACKSON NATIONAL LIFE INSURANCE COMPANY | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC EIN 47-1411118 INVESTMENT ADVISORY | Investment advisory (plan); Other fees; Other investment fees and expenses Service code 27 | — | $36K |
| UBS FINANCIAL SERVICES EIN 13-2638166 ADVISOR | Securities brokerage commissions and fees; Account maintenance fees; Investment advisory (plan); Distribution (12b-1) fees; Other fees Service code 27 | — | $22K |
| LPL FINANCIAL LLC EIN 95-2834236 OTHER SERVICES | Other commissions; Other fees; Other services Service code 49 | — | $17K |
| SHERPA INVESTMENT MANAGEMENT INVESTMENT ADVISORY | Insurance services; Investment management fees paid directly by plan Service code 23 | — | $11K |
| THE RETIREMENT ADVANTAGE | Other fees; Other services Service code 49 | — | $10K |
| RAYMOND JAMES EIN 59-1237041 ADVISOR | Insurance services; Investment management fees paid directly by plan Service code 23 | 1601 WEST LAKES PARKWAY SUITE 210 W DES MOINES, IA 50266 | $9K |
| NGMEO PROFIT SHARING EIN 42-1317552 ACCOUNTANT | Direct payment from the plan; Investment advisory (participants); Accounting (including auditing) Service code 10 | — | $9K |
| PRINCIPAL LIFE INSURANCE COMPANY EIN 42-0127290 CONTRACT ADMINISTRATOR | Recordkeeping fees; Direct payment from the plan; Contract Administrator; Participant loan processing Service code 13 | — | $5K |
| THE RETIREMENT ADVANTAGE, INC. EIN 39-1816008 TPA | Other services; Other fees Service code 49 | 47 PARK PLACE SUITE 850 APPELTON, WI 54914 | $0 |
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 | 134 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 49 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(3 contracts, 2 carriers) | JACKSON NATIONAL LIFE INSURANCE COMPANY | 2 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.