| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAVID PFLANZ3 | 3700 BOULDER CIRCLE WEST DES MOINES, IA 50265 | ATHENE LIFE & ANNUITY INSURANCE COMPANY | $0 | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FOSTER GROUP, INC. EIN 42-1361385 NONE | Investment advisory (participants); Securities brokerage commissions and fees; Securities brokerage; Investment management fees paid directly by plan Service code 26 | — | $107K |
| UBS FINANCIAL SERVICES EIN 13-2638166 NONE | Distribution (12b-1) fees; Participant communication; Investment advisory (plan); Sales loads (front end and deferred); Other fees; Account maintenance fees; Securities brokerage commissions and fees; Direct payment from the plan Service code 27 | 1285 AVENUE OF THE AMERICAS NEW YORK, NY 10019 | $47K |
| MORGAN STANLEY EIN 26-4310632 NONE | Recordkeeping fees; Other fees; Investment management fees paid directly by plan; Other services; Other commissions; Account maintenance fees; Investment management; Other investment fees and expenses; Custodial (securities); Securities brokerage commissions and fees; Investment advisory (participants); Direct payment from the plan; Investment management fees paid indirectly by plan; Investment advisory (plan); Distribution (12b-1) fees; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 801 GRAND SUITE 3800 DES MOINES, IA 50309 | $47K |
| PRINCIPAL LIFE INSURANCE CO EIN 42-0127290 CONTRACT ADMINISTRATOR | Contract Administrator; Participant loan processing; Direct payment from the plan; Recordkeeping fees Service code 13 | — | $41K |
| ED MCGILL-NORTHWESTERN MUTUAL EIN 39-0509570 NONE | Investment management fees paid directly by plan; Investment advisory (participants); Securities brokerage Service code 26 | 2300 128TH STREET DES MOINES, IA 50323 | $32K |
| WELLS FARGO ADVISORS LLC EIN 56-1354525 NONE | Distribution (12b-1) fees; Investment advisory (participants); Investment management fees paid directly by plan; Securities brokerage; Other investment fees and expenses Service code 26 | — | $25K |
| DAVID ARENS - WELLS FARGO, NA EIN 94-1347393 NONE | Securities brokerage; Investment advisory (participants); Investment management fees paid directly by plan; Account maintenance fees Service code 26 | — | $18K |
| SECURIAN FINANCIAL SERVICES EIN 41-1486060 NONE | Investment advisory (participants); Securities brokerage commissions and fees; Investment management fees paid directly by plan; Securities brokerage Service code 26 | — | $14K |
| RBC WEALTH MANAGEMENT EIN 41-1416330 NONE | Investment advisory (participants); Securities brokerage commissions and fees; Investment management fees paid directly by plan; Account maintenance fees Service code 26 | 60 SOUTH 6TH STREET MINNEAPOLIS, MN 55402 | $13K |
| AL MATALONI - GALLAGHER RETIREMENT EIN 36-4291971 NONE | Other investment fees and expenses; Investment advisory (participants); Custodial (securities) Service code 19 | — | $12K |
| CHARLES SCHWAB & CO, INC. EIN 94-1737782 NONE | Securities brokerage; Other investment fees and expenses Service code 33 | — | $11K |
| RYAN O'SHEA - GARDA FINANCIAL EIN 32-0401009 NONE | Investment advisory (participants) Service code 26 | PO BOX 581519 SALT LAKE CITY, UT 84158 | $10K |
| MERRILL LYNCH EIN 13-5674085 NONE | Distribution (12b-1) fees; Custodial (securities); Sub-transfer agency fees; Investment management fees paid directly by plan; Shareholder servicing fees; Securities brokerage commissions and fees; Investment management fees paid indirectly by plan Service code 19 | 400 LOCUST STREET, STE 600 DES MOINES, IA 50309 | $9K |
| PERSHING, LLC EIN 13-2741729 NONE | Securities brokerage commissions and fees; Investment advisory (participants) Service code 26 | — | $5K |
| DANIEL KELLY - DM KELLY & CO EIN 42-1439008 NONE | Investment management fees paid directly by plan; Investment advisory (participants); Securities brokerage commissions and fees; Securities brokerage; Sales loads (front end and deferred) Service code 26 | 3900 INGERSOLL AVENUE, SUITE 300 DES MOINES, IA 50312 | $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 | 842 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 200 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 1,043 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | ATHENE LIFE & ANNUITY 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.