| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC3 | 1163 FORT LAMAR RD CHARLESTON, SC 29412 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 7.24% |
| MMGRI LLC3 | 214 N MAIN STREET BURLINGTON, IA 52601 | AMERICAN HERITAGE LIFE INSURANCE COMPANY | $3K | — | $3K | 12.44% |
| WORLD INSURANCE ASSOCIATES LLC3 | 214 N MAIN ST BURLINGTON, IA 52601 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 20.00% |
| WORLD INSURANCE ASSOCIATES LLC3 Filed as: TWO RIVERS INSURANCE SERVICES | LB # 1803 PHILADELPHIA, PA 19195 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 9.72% |
| WORLD INSURANCE ASSOCIATES LLC3 | 214 N MAIN ST BURLINGTON, IA 52601 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $428 | — | $428 | 19.99% |
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 | 134 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 199 | $13K |
| Life insurance | STANDARD INSURANCE COMPANY | 205 | $28K |
| Other(4 contracts, 3 carriers) | STANDARD INSURANCE COMPANY | 205 | $74K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 205 | — |
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.