| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAVID PFLANZ3 Filed as: DAVID J MCNAMARA | VSR FINANCIAL SERVICES 1012 GRAND WEST DES MOINES, IA 50265 | JACKSON NATIONAL LIFE INSURANCE COMPANY | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRINCIPAL LIFE INSURANCE CO EIN 42-0127290 CONTRACT ADMIN | Contract Administrator; Participant loan processing; Direct payment from the plan; Recordkeeping fees Service code 13 | — | $133K |
| GLOBAL RETIREMENT PARTNERS LLC EIN 47-1411118 ADVISOR | Other fees; Investment advisory (plan) Service code 27 | — | $36K |
| THE RETIREMENT ADVANTAGE | Other fees; Other services Service code 49 | — | $10K |
| DENMAN & COMPANY LLP EIN 42-0794029 ACCOUNTANT | Other fees; Accounting (including auditing) Service code 10 | — | $9K |
| LPL FINANCIAL LLC EIN 95-2834236 OTHER SERVICES | Other fees; Other commissions; Other services Service code 49 | — | $0 |
| THE RETIREMENT ADVANTAGE, INC. EIN 39-1816008 TPA | Other fees; Other services 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 | 141 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 47 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 188 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(3 contracts, 2 carriers) | JACKSON NATIONAL LIFE INSURANCE COMPANY | 1 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1 | — |
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.