| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INNOVATIVE BENEFIT CONSULTANTS3 Filed as: INNOVATIVE BUSINESS CONSULTANTS | 412 WATER STREET SIOUX CITY, IA 51103 | KANSAS CITY LIFE | $5K | — | $5K | 9.72% |
| INNOVATIVE BENEFIT CONSULTANTS3 Filed as: INNOVATIVE BENEFIT CONSULTANTS INC | 412 WATER STREET SIOUX CITY, IA 51103 | UNITEDHEALTHCARE INSURANCE COMPANY | $1K | — | $1K | 3.05% |
| INNOVATIVE BENEFIT CONSULTANTS3 Filed as: INNOVATIVE BENEFIT CONSULTANTS INC | 412 WATER STREET SIOUX CITY, IA 511034411 | UNITEDHEALTHCARE INSURANCE COMPANY | $3K | — | $3K | 8.62% |
| SELECT NETWORKS3 | 317 6TH AVENUE DES MOINES, IA 50266 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $897 | — | $897 | 10.94% |
| ASSUREDPARTNERS3 Filed as: INNOVATIVE BENFIT CONSULTANTS | 1119 4TH STREET SIOUX CITY, IA 51101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $817 | — | $817 | 9.96% |
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 | 188 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 188 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | KANSAS CITY LIFE | 188 | $83K |
| Vision(2 contracts, 2 carriers) | UNITEDHEALTHCARE INSURANCE COMPANY | 184 | $41K |
| Life insurance(2 contracts, 2 carriers) | KANSAS CITY LIFE | 188 | $86K |
| Short-term disability(2 contracts, 2 carriers) | KANSAS CITY LIFE | 188 | $86K |
| Other(2 contracts, 2 carriers) | KANSAS CITY LIFE | 188 | $86K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 188 | — |
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.