| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRIEDMAN FINANCIAL SERVICES INC3 | PO BOX 1780 DUBUQUE, IA 520041780 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| LAMAIR MULOCK CONDON CO3 | 4200 UNIVERSITY AVE #200 WEST DES MOINES, IA 502665945 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $576 | $576 | 3.58% |
| FRIEDMAN FINANCIAL SERVICES INC3 | PO BOX 1780 DUBUQUE, IA 520041780 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| LAMAIR MULOCK CONDON CO3 | 4200 UNIVERSITY AVE #200 WEST DES MOINES, IA 502665945 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $463 | $463 | 3.20% |
| FRIEDMAN FINANCIAL SERVICES INC3 | PO BOX 1780 DUBUQUE, IA 520041780 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| FRIEDMAN FINANCIAL SERVICES INC | PO BOX 1780 DUBUQUE, IA 520041780 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 15.00% |
| FRIEDMAN FINANCIAL SERVICES INC3 | PO BOX 1780 DUBUQUE, IA 520041780 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $731 | — | $731 | 14.98% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LINCOLN NATIONAL LIFE INSURANCE COM EIN 35-0472300 PLAN ADMINISTRATOR | Plan Administrator Service code 14 | 8801 INDIAN HILLS DRIVE OMAHA, NE 681144066 | $101K |
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 | 309 | 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) | 309 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(4 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 253 | $51K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 252 | $5K |
| Other(4 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 253 | $51K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 253 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.